Lord David Currie, the former chairman of the broadcast regulator Ofcom, has been chosen to chair the Competition and Markets Authority (“CMA”). The new U.K. antitrust agency, will integrate the already existing competition agencies, the Office of Fair Trading (“OFT”), and the U.K Competition Commission.
Mr. Currie intends to step down from his other non-executive obligations in order to fully commit to his new appointment.
Clive Maxwell, John Fingleton’s replacement at the OFT, will work alongside Mr. Currie when the CMA is in operation next year.
Full content: Financial Times
Related content: The Competition and Markets Authority: A New Era for U.K. Competition Law Enforcement?
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