UK Antitrust Reform Bill Heads For Committee Scrutiny

Law360, New York (June 12, 2012, 6:54 PM EDT) -- Legislation that would combine the U.K.'s two competition watchdogs and make it easier for regulators to criminally prosecute cartel violations passed through a second reading in the country's parliament on Monday.

The 2012-13 Enterprise and Regulatory Reform Bill — which would abolish the U.K.'s Office of Fair Trading and Competition Commission, rolling their antitrust enforcement duties into a newly created regulatory body called the Competition and Markets Authority — passed the second reading phase in the House of Commons after an opposition party amendment was voted...
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