The Competition And Markets Authority Cma

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The Competition and Markets Authority (CMA)

What is the Competition and Markets Authority (CMA)?

The Competition and Markets Authority (CMA) is an independent non-ministerial government department responsible for promoting competition and preventing the anti-competitive conduct of businesses in the United Kingdom. CMA was formed in April 2014, succeeding the Office of Fair Trading (OFT), the Competition Commission, and the Consumer and Markets Authority. The CMA Chairman is appointed by the Queen on the recommendation of the Prime Minister and Secretary of State. The CMA Board consists of 12 members, including the Chairman and Chief Executive. The CMA Board is responsible for setting the CMA's strategic direction and ensuring that the CMA delivers its objectives effectively and efficiently.

What are the CMA's objectives?

The CMA's objectives are:

What are the CMA's powers?

The CMA has a range of powers to investigate and enforce competition law. These powers include:

How does the CMA work?

The CMA's work is divided into two main areas: