UK Proposes Merging Antitrust Bodies

Law360, New York (October 14, 2010, 3:26 PM EDT) -- The U.K. government proposed Thursday to marry the nation’s two competition watchdogs as part of a plan to save money and increase accountability by massively cutting the number of regulatory bodies in the country.

The proposal to merge the Competition Commission and the Office of Fair Trading was announced by the U.K.’s Department for Business, Innovation and Skills, a ministry-level agency responsible for overseeing competition policy.

It came as part of plans by the Tory party leadership, announced Thursday, to cut 196 quasi-nongovernment organizations — often...
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