The UK Parliament publishes an independent report on the state of national competition law

On 16 February 2021, John Penrose MP published an independent report on improving competition and consumer protection in the UK (the Report). It finds that the UK’s competition and consumer regime “has a good reputation, but not a great one”; progress on “cutting the costs of red tape” has stalled; excessive regulation has left “important industries more ponderous and less focused on their customers than they should be”; and competition has weakened over the past 20 years, leaving consumers feeling “ripped off.” To address these shortcomings, the Report makes a series of recommendations aimed at galvanising UK competition and consumer protection, promoting creative and light-touch regulation, and ensuring that regulation and competition are “on the side of customers rather than of politicians,

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Authors

  • Cleary Gottlieb Steen & Hamilton (London)
  • Cleary Gottlieb Steen & Hamilton (London)
  • Cleary Gottlieb Steen & Hamilton (Brussels)
  • Cleary Gottlieb Steen & Hamilton (London)
  • Cleary Gottlieb Steen & Hamilton (London)

Quotation

Nicholas Levy, Paul Gilbert, Alexander Waksman, Ranulf Outhwaite, Courtney Olden, The UK Parliament publishes an independent report on the state of national competition law, 16 February 2021, e-Competitions April 2021 - II, Art. N° 100099

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