Th3.6: Government Intervention

Question 1

What does the Competition and Markets Authority (CMA) do?

Answer 1

work to promote competition for the benefits of consumers and investigate mergers and breaches of UK and EU competition law, enforce consumer protection law and bring criminal cases against individuals who participate in cartels

Question 2

What is the CMA able to do in order to achieve their aim?

Answer 2

impose financial penalties, prevent mergers taking place and force businesses to reverse actions already taken