Vulnerability and digital economy feature in CMA's draft plan
Monday, 3 December 2018 23:59
The Competition and Markets Authority (CMA) is seeking views on its
priorities for the next financial year. Making sure people get a
good deal from businesses and that firms treat their customers
fairly remain central to the CMA’s work. In 2019/20 the CMA
proposes to: step up its interest in people who are
vulnerable...Request free trial
The Competition and Markets Authority (CMA) is seeking
views on its priorities for the next financial year.
Making sure people get a good deal from businesses and
that firms treat their customers fairly remain central
to the CMA’s work.
In 2019/20 the CMA proposes to:
- step up its interest in people who are vulnerable
to exploitation, or getting a poor deal due to their
personal circumstances, building on the programme of
work it launched in 2018
- improve trust in markets, by ensuring customers are
treated fairly and clearly explaining how competitive
markets benefit people across the UK
- promote better competition in online markets,
retaining a strong interest in how the digital economy
is developing, and protecting people from illegal and
unfair practices online
- support economic growth and productivity, helping
to create the conditions which allow innovative
businesses that treat their customers well to emerge
and succeed
The draft plan sets out how preparing for the UK’s exit
from the EU is a high priority for the CMA, both in
terms of policy development and expansion to prepare
for significant additional responsibilities. The CMA is
focused on being ready whether or not there is an
implementation period after March 2019.
The CMA enters 2019/20 with a substantial volume of
ongoing work and at the time of publication has 23
competition enforcement cases, 5 consumer enforcement
cases, 1 super-complaint investigation, 17 merger
investigations, 1 market investigation and 2 market
studies under way. Most recently, it published the
interim report in its funerals market
study and is now consulting on its proposal to
refer the sector for an in-depth market investigation.
For more information, read our draft 2019/20
Annual Plan.
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