바카라 사이트 issues new strategic steer to guide CMA direction for the future
The UK government has set out top priorities to ensure the continued effectiveness of the Competition and Markets Authority (CMA)
- The UK government has set out top priorities to ensure the continued effectiveness of the Competition and Markets Authority (CMA)
- Focus on tackling the cost of living and growing the economy
- It comes ahead of new powers set to be given to the CMA in the Digital Markets, Competition and Consumers Bill
The 바카라 사이트 has today set out a new set of priorities for Competition and Markets Authority in a bid to encourage greater competition and grow the economy.
At a time when business competition, innovation and the cost of living are high on people바카라 사이트檚 list of concerns, the need for a robust and effective competition regulator is crucial for the economy.
Today바카라 사이트檚 announcement ensures competition will be fair for both big and small firms, improving choice for consumers while supporting supply chains and market resilience 바카라 사이트� the work of the Competition and Markets Authority has never been more important.
This is why the UK government has issued its latest 바카라 사이트榮trategic steer바카라 사이트� to the CMA, with an expectation that they focus on:
- Supporting investment, innovation and growth by promoting competitive markets
- Prioritising action that addresses cost of living challenges
- Responding to the challenges and opportunities created by the growth of the digital economy
- Acting as a thought leader at home and abroad
- Being a strong and independent voice
These steers are part of the CMA바카라 사이트檚 wider role to directly deliver economic benefits to the UK economy of at least 10 times its relevant costs.
Minister for Enterprise, Markets and Small Business, Kevin Hollinrake, said:
바카라 사이트淭he need for a robust competition regulator is crucial at a time when competition, innovation and the cost of living are high on people바카라 사이트檚 list of concerns.
바카라 사이트淭hat바카라 사이트檚 why we have set out our top priorities to the CMA to ensure more investment, innovation and growth for the economy, and brought forward legislation to foster more competition in digital markets and enhance the CMA바카라 사이트檚 consumer powers.바카라 사이트�
This latest steer is aimed at maintaining the already high standards of the CMA, and protecting its reputation as a world class regulator, all the while ensuring the UK remains an attractive place to do business.
To support the CMA further, the Digital Markets, Competition and Consumers Bill, currently progressing through Parliament, will update and strengthen the UK바카라 사이트檚 competition regime, including through a new pro-competition regime for digital markets, and enhance the CMA바카라 사이트檚 consumer powers.
Notes to editors:
- the CMA should report on how it has taken account of the steer but it has no legal basis.