Competition watchdog to speed up decisions after UK government pressure

Shake-up to ‘drive growth and investment’ follows ministers’ calls for a more business-friendly regimeBusiness live – latest updatesThe UK’s competition regulator has pledged to “drive growth and investment” and speed up its decisions after pressure from the government to be more pragmatic and less risk averse in its investigations.Setting out how she planned to overhaul the Competition and Markets Authority (CMA), the regulator’s chief executive, Sarah Cardell, said a change of strategic direction was needed after the “operating environment” had changed. Continue reading...

Competition watchdog to speed up decisions after UK government pressure

Shake-up to ‘drive growth and investment’ follows ministers’ calls for a more business-friendly regime

The UK’s competition regulator has pledged to “drive growth and investment” and speed up its decisions after pressure from the government to be more pragmatic and less risk averse in its investigations.

Setting out how she planned to overhaul the Competition and Markets Authority (CMA), the regulator’s chief executive, Sarah Cardell, said a change of strategic direction was needed after the “operating environment” had changed. Continue reading...