CMA proposes removing 27 market remedies in part or full following review
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Following its strategic review of 33 market remedies, the Competition and Markets Authority (CMA) is consulting on its provisional decision to remove 23 measures, retain 6 in full and partially remove 4.
Market remedies are designed to fix competition problems identified during market investigations. Remedies play an important role in improving competition, but businesses need to dedicate resources to comply with them and the CMA or other bodies must monitor them – so it is important to assess whether they are still needed and whether they are the best use of resource.
While the CMA excluded from the review remedies that are clearly continuing to deliver impact, it identified 33 remedies (60% of all CMA market remedies in place) for further consideration. These could, for example, have been superseded by new laws and regulations or technological advances that have transformed how consumers buy goods and services.
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https://www.gov.uk/government/news/cma-proposes-removing-27-market-remedies-in-part-or-...