The Competition and Markets Authority: A New Era for U.K. Competition Law Enforcement?

Anna Mitchell, Paula Riedel, May 14, 2012

Since October 2010, it has, in essence, been a certainty that a merger between the OFT and the CC would go ahead, notwithstanding the fact that they are both relatively small, low-turnover agencies, and the obvious cost savings arising out of a merger between them are not immediately apparent. Indeed, it is estimated that the creation of a single CMA entity will only save the Government, on average, approximately 30 million (less transitional costs) over