UK Proposes Competition, Trade Agency Tie-Up

Law360, New York (March 16, 2011, 5:03 PM EDT) -- The British government has proposed a plan to strengthen the U.K.’s antitrust regime by merging the competition functions of the Office of Fair Trading and the Competition Commission.

The proposed union, which would create the Competition and Markets Authority, would maximize the ability of British antitrust authorities to secure competitive markets and promote productivity, innovation and economic growth, the U.K. Department for Business Innovation and Skills said in a statement Wednesday.

According to the department, while the current U.K. competition regime is “world-class,” there is still...
To view the full article, register now.