The Competition and Markets Authority (CMA) launched a ten-year review of the concurrency arrangements – a framework setting out how CMA and sector regulators work together to enforce competition law and promote competition in the regulated sectors.
In 2014, reforms were introduced to enhance the concurrency arrangements and strengthen cooperation between the CMA and sector regulators on their shared competition powers.
Commenting on the review, CMA states: “The CMA is calling for views and feedback on the impact and effectiveness of the concurrency arrangements from as diverse a range of perspectives as possible.”
Related: UK Regulator Cracks Down On ‘Bundling’ Rules
The review will seek to assess the impact and effectiveness of the framework on competition in the regulated sectors. It will also assess the effectiveness of the cooperation between the CMA and sector regulators on their shared competition powers.
The CMA expects to report the review findings on the Concurrency Review case page in Spring 2024.
The CMA hopes that the review will bring about more competitive outcomes for UK consumers. Including lower prices, greater choice, and better-quality services.
Source: Gov UK
Featured News
Uruguayan Antitrust Scrutiny Puts Major Meatpacking Deal Between Marfrig and Minerva on Hold
May 19, 2024 by
CPI
Alaska Airlines Seeks Dismissal of Consumer Lawsuit Over $1.9 Billion Hawaiian Airlines Buy
May 19, 2024 by
CPI
Idaho Attorney General Orders Split of Kootenai Health and Syringa Hospital
May 19, 2024 by
CPI
Court Rejects T-Mobile’s Appeal Bid in Antitrust Case Over Sprint Merger
May 19, 2024 by
CPI
Google Requests Judge, Not Jury, to Decide on Antitrust Case
May 19, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Ecosystems
May 9, 2024 by
CPI
Mapping Antitrust onto Digital Ecosystems
May 9, 2024 by
CPI
Ecosystems and Competition Law: A Law and Political Economy Approach
May 9, 2024 by
CPI
Ecosystem Theories of Harm: What is Beyond the Buzzword?
May 9, 2024 by
CPI
Open Ecosystems: Benefits, Challenges, and Implications for Antitrust
May 9, 2024 by
CPI