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UK: CMA to review the way it conducts market investigations

By  |  March 16, 2016

The regulator said the review would begin once its investigations into the energy and retail banking markets have ended. The CMA made the announcement in its new annual plan for 2016/17 (40-page / 351KB PDF). It said its review would allow it to “identify opportunities to improve how we carry out these complex projects in the future”.

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    In its annual plan the CMA also revealed its intention to scrutinise the activities of price comparison websites in more detail.

    “Consumers need to be able to access, assess and act on information for competition in markets to work well; online choice tools can play a central role in addressing competition concerns in UK markets,” the CMA said. “In 2016/17 we plan to undertake analysis on price comparison websites, with the aim of understanding whether problems exist in the sector and if so what changes might be needed to make sure it operates competitively and in the best interests of consumers.”

    Full Content: Out-Law.com

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