Competition + Markets Authority

• Competition and Markets Authority:

  They are responsible for implementing government Competition policy and aims to prevent market domination by a few large businesses.

  • Can block mergers and takeovers which may be seem to be anti-competitive.
  • Preventing monopolies occurring
  • Businesses cannot use their market power to pay unfairly low prices to suppliers
  • Preventing businesses working with another business (collusion) price fixing
  • Businesses may be forced to change their prices
  • Businesses may be fined for anti-competitive behaviour