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COMPETITION & MARKETS AUTHORITY

Details

  • Number of employees
    200-500
  • Company Type
    Government
About the Competition & Markets Authority

The Competition & Markets Authority (CMA) is a key regulatory body in the United Kingdom, dedicated to promoting competition for the benefit of consumers, businesses, and the economy as a whole. Established in 2014, the CMA has the authority to investigate mergers, conduct market studies, and enforce consumer protection laws.

One of the primary objectives of the CMA is to ensure that markets function well for consumers, which includes preventing anti-competitive practices and ensuring fair trading. The CMA works closely with various stakeholders, including businesses, consumers, and other regulatory bodies, to foster a competitive environment.

The CMA also plays a crucial role in reviewing mergers and acquisitions to prevent monopolistic practices that could harm consumers. By scrutinizing these transactions, the CMA aims to maintain a diverse marketplace where innovation and choice thrive.

In addition to its enforcement activities, the CMA conducts extensive research and analysis to understand market dynamics and consumer behaviour. This research informs policy decisions and helps shape regulations that promote fair competition.

The CMA is committed to transparency and accountability, regularly publishing reports and guidelines to keep the public informed about its activities and findings. Through its efforts, the CMA strives to create a level playing field for all businesses, ensuring that no single entity can dominate the market.

Overall, the Competition & Markets Authority is instrumental in safeguarding consumer interests and enhancing the overall economic landscape in the UK.

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