The UK Government announces reform of the competition regime

On 15 March 2012, the UK Government announced its plans for reforming the UK competition regime. The Government has stopped short of radically redesigning the competition regime. Although one government body is replacing two, and there are significant changes expected for criminal prosecutions, in large measure the new regime will maintain elements of the current system. A new competition authority – the Competition and Markets Authority Externally the most significant change in the new plan is that the UK’s Competition Commission (CC) and Office of Fair Trading (OFT) will merge into a single body – the Competition and Markets Authority (CMA). The CMA will be responsible for market investigations, cartel and antitrust cases, merger control, as well as a number of functions with respect

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Frances M. Murphy, Francesco Liberatore, Lynette Zahn, The UK Government announces reform of the competition regime, 15 March 2012, e-Competitions Bulletin March 2012, Art. N° 50046

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