Article preview: The Competition and Markets Authority (CMA) has proposed a series of reforms designed to bolster competition and put consumers even more directly at the heart of their work. The reforms were announced at an event hosted by CMA chairman Lord Andrew Tyrie, which was attended by Business Secretary Greg Clark. They are the initial responses to a request from the Business Secretary made last summer for Lord Tyrie to review the system. Described as a boost for enterprise, including an assurance that those businesses that play by the rules will not be disadvantaged by those who do not, the proposed rules are designed to benefit consumers by enabling earlier and more robust intervention by the CMA.
Competition proposals could beef up consumer protection
This 731 word blog post describes new proposals from the Competition and Markets Authority (CMA) designed to speed up and deal more robustly with issues of consumer detriment. Includes comments from Andrew Tyrie, Chairman of the CMA, Business Secretary Greg Clark, and Gillian Guy, Chief Executive of Citizens Advice. Written on 26th February 2019.
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