Competition and Markets Authority

Competition and Markets Authority
Authority overview
Formed1 October 2013
TypeNon-ministerial government department
JurisdictionUnited Kingdom
HeadquartersThe Cabot
25 Cabot Square
London
E14 4QZ
Employees1,104; 1,071 FTEs (2024)[1]
Authority executives
Parent departmentDepartment for Business and Trade
Child Authority
Websitegov.uk/cma Edit this at Wikidata

The Competition and Markets Authority (CMA) is the principal competition regulator in the United Kingdom. It is a non-ministerial government department in the United Kingdom, responsible for promoting competitive markets and tackling unfair behaviour.[4] The CMA launched in shadow form on 1 October 2013 and began operating fully on 1 April 2014, when it assumed many of the functions of the previously existing Competition Commission and Office of Fair Trading, which were abolished. The CMA also has consumer protection responsibilities and take on new digital markets regulation responsibilities in late 2024 under the Digital Markets, Competition and Consumers Act 2024.[5]

The CMA alongside the European Commission, the United States Department of Justice and the Federal Trade Commission, is a globally important antitrust agency.[6]

  1. ^ "CMA: workforce management information March 2024". Retrieved 4 February 2022.
  2. ^ "Government ousts UK competition watchdog chair". BBC News. Retrieved 21 January 2025.
  3. ^ "Sarah Cardell, CEO of the Competition and Markets Authority". GOV.UK. Retrieved 11 February 2024.
  4. ^ "About us". Competition and Markets Authority. Retrieved 21 January 2025.
  5. ^ Legislation.gov.uk (5 June 2024). "Digital Markets, Competition and Consumers Act 2024". Legislation.gov.uk. Retrieved 5 June 2024.
  6. ^ "The newfound influence of the UK's competition watchdog". www.ft.com. Retrieved 22 December 2023.

From Wikipedia, the free encyclopedia · View on Wikipedia

Developed by Nelliwinne