Growth will tear us apart? Competition law and the UK government’s growth agenda
Following Marcus Bokkerink’s decision to stand down as Chair of the CMA, the UK government has highlighted the central role which it sees competition policy playing in achieving its pro-growth agenda. In announcing the change, the Secretary of State for Business and Trade emphasised that “we want to see regulators including the CMA supercharging the economy with pro-business decisions that will drive prosperity and growth, putting more money in people’s pockets”.
This focus on the role of the CMA is no surprise, with the CMA now more powerful than at any point in its history. So what are the areas where the CMA will have an out-sized impact on the success of the UK government’s push for greater investment and growth? As we explore in this alert, these are likely to include merger policy, technology regulation, excessive pricing cases, consumer protection enforcement and subsidy control.
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