Global Update: New UK Watchdog Ready To Go On Day 1
Law360, New York (March 18, 2014, 8:32 PM EDT) -- The U.K.'s new Competition and Markets Authority is set to hit the ground running when it takes over enforcement duties next month, taking on new industries and streamlining the country's merger control regime, attorneys say.
The creation of a 2013 regulatory reform bill, the CMA will open its doors for merger filings, antitrust complaints and the like on April 1, replacing the existing Office of Fair Trading and Competition Commission.
Since launching as a so-called shadow agency in October, the CMA has kept busy issuing piles of guidelines, including explanations of how the U.K.'s merger review process will work now that...
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