On 30 June 2017, the CMA launched its consultation relating to a new proposal for handling leniency applications. The proposed guidance would make the CMA the “first point of contact” for leniency applicants, in an effort to make the existing system clearer for businesses in regulated sectors. Leniency applications in the UK Sector-specific regulators have powers in their respective areas to enforce UK and EU competition law, in the same way as the CMA (known as concurrent powers). This means, for example, that the Financial Conduct Authority (FCA) can enforce the prohibition on anti-competitive agreements and
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The UK Competition authority launches a consultation relating to a new proposal for handling leniency applications
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