This consultation sets out how the Competition and Markets Authority (CMA) will work in practice, and how it will interact with businesses and individuals across the range of its powers and responsibilities. Views on the consultation documents are welcomed from businesses, their legal and other advisers, and other interested parties.
This is the second tranche of consultation documents for the CMA. It follows the introductory document, Towards the CMA, and the first five guidance documents:
- Mergers: guidance on the CMA’s jurisdiction and procedures
- Market studies and market investigations: supplemental guidance on the CMA’s approach
- Administrative penalties: statement of policy on the CMA’s approach
- Cost recovery in telecoms price control references: guidance on the CMA’s approach and
- Transparency and disclosure: statement of the CMA’s policy and approach
These were published for consultation as Competition and Markets Authority guidance: part 1 on 15 July. The consultation closed on 6 September.
This tranche is made up of an additional six guidance documents for consultation:
- Guidance on the CMA’s investigation procedures in Competition Act 1998 cases and Competition and Markets Authority Competition Act 1998 Rules
- Guidance on the approach to the variation and termination of merger, monopoly and market undertakings and orders
- Competition Law in the Regulated Industries: Concurrent application to regulated industries guidance
- Guidance on the CMA’s approach to use of its consumer powers
- Prosecution guidance on the criminal cartel offence
- Proposed approach to the treatment of existing Office of Fair Trading and Competition Commission guidance
The guidance documents in these consultations are being produced in parallel with new and amended Statutory Instruments on the details of the competition regime, on which the Department for Business, Innovation and Skills is consulting separately: Competition regime: draft secondary legislation – part two