UK Antitrust Watchdog Launches With Work Left To Do
Law360, New York (September 30, 2013, 8:07 PM EDT) -- After months of planning, the U.K.'s new Competition and Markets Authority will launch Tuesday and begin ironing out guidance for how it plans to use its enhanced civil and criminal enforcement powers when it takes over for the country's two existing antitrust watchdogs in 2014.
U.K. lawmakers passed the Enterprise and Regulatory Reform Bill in late April, which paved the way to merge the country's Office of Fair Trading and Competition Commission into one enforcer as part of a broader effort to streamline and strengthen the U.K.'s antitrust enforcement.
Now the CMA is set to launch as a "shadow" agency and...
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