We’ve been focusing our actions on delivering improvements in areas that matter most to people, businesses and the UK economy. Swipe for more ➡ Read our annual report: https://lnkd.in/e43FFuf5 #UKEconomy #Mergers #ConsumerProtection #CMAAR24
Competition and Markets Authority
Government Administration
London, England 40,887 followers
We make sure competition works for the benefit of people, businesses, and the UK economy.
About us
As the UK’s competition authority, our work makes a difference to millions of people across the UK. We help make sure that competition works for the benefit of consumers. Competition law helps us to protect people and businesses. We investigate all sectors of the economy, from care homes and online gambling to cloud storage and major retailers.
- Website
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https://linktr.ee/cmagovuk
External link for Competition and Markets Authority
- Industry
- Government Administration
- Company size
- 501-1,000 employees
- Headquarters
- London, England
- Type
- Government Agency
- Founded
- 2014
- Specialties
- competition, mergers, markets, competition law, consumer protection, economics, data science, advocacy, cartels, digital forensics, remedies, sector regulation, and intelligence
Locations
Employees at Competition and Markets Authority
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Mark Nottingham
Internet and Web Standards | W3C Board of Directors | Cloudflare
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Margot Daly
Inquiry Chair & Digital Markets Board Committee Member-CMA | Independent NED & Board Chair | Strategic Advisor |
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Karen Croxson
Chief Data, Technology and Insight Officer @CMA; ex-McKinsey, ex-FCA, NED@FinRegLab
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Karthik Subramanya
Non Exec Director, Advisor, Coach
Updates
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Following our investigation into potentially misleading claims and pressure selling tactics, Simba Sleep has agreed to change its online sales practices. Our investigation raised concerns that the mattress company may have misled customers about price reductions and put unfair pressure on them to make quick purchases. Read more: https://lnkd.in/eqc5HKbz #ConsumerProtection #OnlineShopping
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We’re seeking views on draft guidance and rules for our new direct consumer protection enforcement powers under the Digital Markets, Competition and Consumers Act 2024. Have your say on our proposed approaches by 11 September 2024: https://lnkd.in/es2HrkZQ #DigitalMarkets #DMCC #DMCCAct #ConsumerProtection
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In the last year, people have faced rising pressures on household budgets, businesses have had to work through rising costs and the UK economy has struggled to grow. That’s why we’ve been working to protect consumers and drive growth in 2023 and 2024. Our latest annual report highlights the impact we’ve continued to deliver for people, businesses and the UK economy. Over the last year, we’ve taken action to: - help consumers get great choices and fair deals - keep markets open so that fair dealing businesses of all sizes are free to compete and thrive - foster the competitive conditions for innovation, investment and productivity that our economy needs to grow Read more: https://lnkd.in/gRZ5ZiQv #UKEconomy #Mergers #CompetitionLaw #ConsumerProtection #CMAAR24
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Take a look at what we've done so far to help ease cost of living pressures: https://lnkd.in/eUGy_V3A #CostofLiving #Housing #RoadFuel
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The Office for the Internal Market has launched a study on how businesses respond to restrictions on single-use #plastics in the #UK. Since 2011, measures have been brought in across the UK to tackle the issue of single-use plastics. The OIM wants to hear from stakeholders, including SMEs and others in the supply chain, about their experiences of dealing with different regulatory changes across the nations, so the OIM can provide independent and evidence-based advice to help with the future development of policies by government. Read more: https://lnkd.in/ewCXq7EE
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It’s our job to make sure people can be confident they are getting good deals and that they're not being harmed by weak competition or unfair sales practices. That's why we're prioritising work that helps ease cost of living pressures for everyone. So far this includes a focus on: - groceries - the price drivers pay for road #fuel - the #housing sector - #vets services - infant #formula Find out more: https://lnkd.in/eUGy_V3A
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Our latest #RoadFuel monitoring report has found drivers are still paying too much for fuel. Last year, our market study revealed that the fuel market was failing consumers and as a result we published proposals to help revitalise competition amongst retailers. In the interim we’ve been monitoring the market, and a year on, our monitoring report reveals that: - increases in retail fuel margins cost drivers over £1.6bn in 2023 - competition among fuel retailers continues to fail consumers That’s why we want to work with government to put in place our recommendation of a real-time fuel finder scheme to kick-start competition. We’ve also updated on several of our investigations into the groceries sector. Link in the comments ⬇️
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We’ve written to #HSBC, #Lloyds, #TSB and #AIB following their breaches of the #RetailBanking Order. All 4 banks failed to make available correct information on their products or services. We’ve also issued HSBC directions to ensure future compliance. Read more: https://lnkd.in/giE2Mkv5
Four major high street banks broke CMA rules
gov.uk
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Are you an experienced #veterinary surgeon or nurse? We’re seeking up to 6 external veterinary professionals to advise our market investigation into vet services for household pets in the UK. As a veterinary adviser, you will provide our Inquiry Group with insight and analysis relating to practicing as a vet surgeon or nurse and your specialist input will help assist the Group to fully understand the industry. Interested? Find out more and apply by 6 August at 12pm: https://lnkd.in/ekyFRk5d #Vet #VeterinaryProfessionals #VetSurgeon #VetNurse
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