Draft guidelines published on Competition Commission’s market investigations

The Competition Commission (CC) has published draft revised guidelines on market investigations. The original guidelines were published in June 2003, before any market investigations were carried out under the Enterprise Act 2002. Since then, the CC has conducted 14, such as the probes into the local bus market and the BAA. Drawing upon such experiences, as well as public comment, the CC has reworked the guidelines to “cover all aspects of market investigations, from their role and procedures to the ways in which the CC assesses markets and, when necessary, designs remedies to improve competitive conditions.” Roger Witcomb, the CC Chairman, says, “Market investigations have proved to be an important part of the current competition regime and will continue to play this role following the current reforms.”

The public is invited to comment on the drafts by September 14, 2012.

Full content: Competition Commission Press Release

Related content: Functional Separation in the U.K. Competition Regime

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