Latest Issue

The Competition and Markets Authority: a powerful body faces an uncertain future

Brexit presents many questions for a regulator at a crossroads

By George Peretz  

Photo: Alamy

One of the aspects of the controversial Internal Market Bill that has attracted little attention is its creation of another role for the Competition and Markets Authority (CMA), namely that of monitoring market access and regulatory provisions between different parts of the UK. Depending on the outcome of negotiations with the EU and the current government’s decision on a future state aid regime, the bill—by making subsidy control a UK rather than a devolved power—also potentially opens up another role for the CMA, as an independent…

Register today to continue reading

You’ve hit your limit of three articles in the last 30 days. To get seven more, simply enter your email address below.

You’ll also receive our free e-book Prospect’s Top Thinkers 2020 and our newsletter with the best new writing on politics, economics, literature and the arts.

Prospect may process your personal information for our legitimate business purposes, to provide you with newsletters, subscription offers and other relevant information.

Click here to learn more about these purposes and how we use your data. You will be able to opt-out of further contact on the next page and in all our communications.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

We want to hear what you think about this article. Submit a letter to

More From Prospect