Competition and Markets Authority

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Competition and Markets Authority
Welsh: Cystadleuaeth a Marchnadoedd Awdurdod
Competition and Markets Authority.png
Authority overview
Formed 1 October 2013
Type Non-ministerial government department
Jurisdiction United Kingdom
Headquarters Victoria House, 37 Southampton Row, London, WC1B 4AD
Authority executives Lord Currie, Chairman
Alex Chisholm, Chief Executive
Parent department Department for Business, Innovation and Skills
Website www.gov.uk/cma

The Competition and Markets Authority (CMA) is a non-ministerial government department in the United Kingdom, responsible for strengthening business competition and preventing and reducing anti-competitive activities. The CMA launched in shadow form on 1 October 2013 and began operating fully on 1 April 2014, when it assumed many of the functions of the previously existing Competition Commission and Office of Fair Trading, which were abolished.

The CMA maintains a list of its ongoing cases.

Formation[edit]

On 15 March 2012 the UK Government's Department for Business, Innovation and Skills (BIS) announced proposals for strengthening competition in the UK by merging the Office of Fair Trading and the Competition Commission to create a new single Competition and Markets Authority (CMA).[1] The formation of the CMA was enacted in Part 3 of the Enterprise and Regulatory Reform Act 2013,[2] which received royal assent on 25 April 2013.

In July 2012 Lord Currie was appointed Chairman designate of the CMA and in January 2013 Alex Chisholm was appointed Chief Executive designate.[3] The term 'designate' was dropped when the CMA was launched on 1 October 2013.

On 15 July 2013 BIS announced the first stage of an open public consultation period and published a summary setting out the background to the consultation and inviting views on the draft guidance for the CMA.[4] The first stage of the consultation ended on 6 September 2013. On 17 September BIS announced the second stage of the consultation, which closed on 7 November 2013.[5]

During 2013 and 2014, the CMA announced several waves of appointments at director level, reporting to members of the senior executive team:[6]

On 28 March 2014 the CMA published Rules of Procedure for CMA merger, market and special reference groups[7] following a consultation which ran from 21 February to 18 March.

CMA Board and Senior Executive team[edit]

  • Lord Currie, Chair[8]
  • Alex Chisholm, Chief Executive[9]
  • Sonya Branch, Executive Director, Enforcement[10]
  • Dr. Andrea Coscelli, Executive Director, Markets and Mergers[11]
  • Erik Wilson, Executive Director, Corporate Services[12]
  • Annetje Ottow, Non-Executive Director[13]
  • William Kovacic, Non-Executive Director[14]
  • Philip Lowe, Non-Executive Director[15]
  • Carolyn Fairbairn, Non-Executive Director[16]
  • Alan Giles, Non-Executive Director[17]
  • Roger Witcomb, Non-Executive Director, Panel Chair[18]
  • Jill May, Non-Executive Director, Panel Member[19]
  • Dr. Mike Walker, Chief Economic Adviser
  • Sarah Cardell, General Counsel

Responsibilities[edit]

In situations where competition could be restricted or consumer choice may be affected, the CMA is responsible for:[20]

  • investigating mergers
  • conducting market studies
  • investigating possible breaches of prohibitions against anti-competitive agreements
  • bringing criminal proceedings against individuals who commit cartels offences
  • enforcing consumer protection legislation
  • encouraging regulators to use their competition powers
  • considering regulatory references and appeals

References[edit]

  1. ^ "Strengthening competition and creating a single competition and markets authority (CMA)". Department for Business Innovation & Skills. 15 March 2012. Retrieved 1 April 2013. 
  2. ^ "Enterprise and Regulatory Reform Act 2013, Part 3". The National Archives. 25 April 2013. Retrieved 26 March 2014. 
  3. ^ "Competition and Markets Authority". Ministerial statement by Vince Cable. Hansard. 8 January 2013. Retrieved 1 April 2013. 
  4. ^ "Competition and Markets Authority - Open consultation guidance". Department for Business, Innovation & Skills. 15 July 2013. Retrieved 2 August 2013. 
  5. ^ "Competition and Markets Authority guidance, Part 2". Department for Business Innovation and Skills, UK Government. 17 September 2013. Retrieved 17 September 2013. 
  6. ^ Appointments at Diirector level:
    seven: "CMA announces further appointments". Competition and Markets Authority, UK Government. 6 November 2013. Retrieved 8 November 2013. 
    eighteen "Second wave of appointments". Competition and Markets Authority, UK Government. 14 November 2013. Retrieved 24 December 2013. 
    eighteen "Third wave of appointments". Competition and Markets Authority, UK Government. 13 December 2013. Retrieved 24 December 2013. 
    eleven "Further wave of appointments". Competition and Markets Authority, UK Government. 24 January 2014. Retrieved 10 February 2014. 
  7. ^ "Rules of Procedure for Merger, Market and Special Reference Groups". CMA. 28 March 2014. Retrieved 31 March 2014. 
  8. ^ "David Currie – biography and role". UK Government. Retrieved 20 October 2013. 
  9. ^ "Alex Chisholm – biography and role". UK Government. Retrieved 20 October 2013. 
  10. ^ "Sonya Branch – biography and role". UK Government. Retrieved 20 October 2013. 
  11. ^ "Dr. Andrea Coscelli – biography and role". UK Government. Retrieved 20 October 2013. 
  12. ^ "Erik Wilson – biography and role". UK Government. Retrieved 20 October 2013. 
  13. ^ "Annetje Ottow – biography". UK Government. Retrieved 20 October 2013. 
  14. ^ "William Kovacic – biography". UK Government. Retrieved 20 October 2013. 
  15. ^ "Philip Lowe - biography". UK Government. Retrieved 20 October 2013. 
  16. ^ "Carolyn Fairbairn – biography". UK Government. Retrieved 20 October 2013. 
  17. ^ "Alan Giles – biography". UK Government. Retrieved 20 October 2013. 
  18. ^ "Roger Witcomb – biography and role". UK Government. 
  19. ^ "Jill May – biography and role". UK Government. Retrieved 20 October 2013. 
  20. ^ "CMA Responsibilities". UK Government. Retrieved 17 March 2014. 

External links[edit]