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UK Watchdog Has New Chair Of Internal Market Panel

 |  April 11, 2022

Murdoch MacLennan has been appointed as the first Chair of the Office for the Internal Market Panel, reported UK’s CMA.

Business Secretary Kwasi Kwarteng has appointed Murdoch MacLennan as the first Chair of the Office for the Internal Market (OIM) Panel. 

Mr MacLennan brings a wealth of knowledge to his new role as the OIM establishes itself to support trade between the home nations of the UK.  

As Chair of the OIM Panel, Mr MacLennan will play a key role in ensuring expert and independent advice is provided to the UK government and devolved governments. He will also be a Non-Executive Director of the Competition and Markets Authority (CMA).  

Business Secretary Kwasi Kwarteng said “The independent Office for the Internal Market will ensure we can maintain the effectiveness of the United Kingdom’s internal market to ensure it continues to works for business and consumers.”

The OIM’s objective is to monitor the UK’s internal market, reporting yearly on the state of the market, with a full review presented every five years to ensure the market’s proper functioning. The office is also charged with developing tools to assist in measuring and monitoring the market, and to provide expert advice to UK administrations on to help the market function effectively. .

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