- The Better Markets Bill and proposals to refine the competition regime
- Original news
- What is driving these proposed changes to the UK competition regime?
- Why is the government proposing these changes now?
- What changes is the government proposing to the decision-making process and the make-up of panels in phase 2 merger and market investigations and why?
- Is the government proposing other changes to the merger control regime (besides changes to the decision-making process and the make-up of panels for phase 2 investigations)?
- What are the proposals in relation to market investigations, and do these address all concerns with the market investigation process?
- What is the government proposing in relation to enhanced fines for procedural offences during investigations? Is this to address a known concern of the CMA?
- What are the proposals to give the CMA the power to issue fines for failure to comply with commitments/undertakings in CA 1998 and Enterprise Act 2002 cases?
- Do the proposals match the European Commission's powers?
- Has there been a problem with ensuring compliance in the past?
- What are the proposals to extend the jurisdiction of the Competition Appeal Tribunal (CAT)? With these proposed changes, are the powers of the CAT getting close to matching those of the High Court?
- Are there any issues in the UK competition regime that the government has not addressed in this consultation?
- What are the next steps?
Competition analysis: Christopher Hutton, partner at Hogan Lovells and Paul Castlo, counsel at the firm, consider the proposed changes to the UK competition regime which the Better Markets Bill seeks to implement, and they look at various aspects of the related consultation.
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