Sainsbury's-Asda merger

Sainsbury's and Asda confirm merger plans.

Read more
Gender pay gap

80% of UK companies and public sectors organisations pay women less than men.

Read more
Zero hours contracts

Nearly 1 million UK workers on zero-hours contracts.

Read more
Model agencies collude to fix rates

Regulators find leading model agencies guilty of price fixing.

Read more

Competition and markets authority (CMA)

The CMA was launched in April 2014 to rationalise competition policy in the UK. The CMA is now the UK's key competition regulator, combining the competition elements of the OFT and Competition commission.

The role of the CMA is to:

  1. Investigate mergers which could restrict competition
  2. Undertake market studies and investigations where there may be competition and consumer problems
  3. Investigate where there may be breaches of UK or EU law against anti-competitive agreements and abuses of dominant positions
  4. Bring criminal proceedings against individuals who commit a cartel offence
  5. Enforce consumer protection legislation to tackle practices and market conditions that make it difficult for consumers to exercise choice
  6. Co-operate with sector regulators (such as Ofcom) and encouraging them to use their competition powers considering regulatory references and appeals

Preventing abuse of dominance

Preventing market sharing

Preventing price fixing

Videos courtesy of the CMA

Example of CMA investigation into retail banking.

Story: "Pork Pies merger may give rise to competition concerns".


See also:

EU Competition Policy

Contestable market theory

Banking regulation

Financial crisis

Transfer pricing

Read more
Inflation latest

CPI inflation falls to 2.7%. 

Read more
Customs unions

Costs and benefits of customs unions.

Brexit latest

Withdrawal Agreement and Political Declaration - Parliament to vote on 11th December. Read May's Open Letter on Brexit Deal.

Read more
New materials

Multiple choice papers for Paper Three.

Read more
Brexit update

Article 50

What trading options are available to the UK?

Savings ratio

Savings ratio falls to lowest level on record.

Read more
Tax avoidance

Double Irish - and a Dutch Sandwich more..

The OECD presents its final package for reform of international tax rules..more

Get the Economics Online app