The UK Parliament publishes recommendations on how competition law and the consumer protection regime could be improved

In September 2020, John Penrose MP was commissioned by the UK Chancellor of the Exchequer and the Secretary of State for BEIS to write an independent report on how the UK's approach to competition and consumer issues could be improved. In particular, the UK Government's terms of reference included five key questions, asking (in summary) how the UK's competition regime can best: (i) meet post COVID-19 challenges and drive recovery; (ii) help to 'level-up' across all nations and regions of the UK; (iii) increase consumer trust (including tackling consumer rip offs and bad business practices); (iv) support UK disruptors take risks on new ideas and challenge incumbents; and (v) make best use of data, technology and digital skills. The Penrose Report, entitled "Power to the People" (the

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  • Ashurst (London)

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Nigel Parr, The UK Parliament publishes recommendations on how competition law and the consumer protection regime could be improved, 16 February 2021, e-Competitions UK & Covid-19, Art. N° 99678

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