 |
 | |
| Authority overview | |
|---|---|
| Formed | 1 October 2013 |
| Type | Non-ministerial government department |
| Jurisdiction | United Kingdom |
| Headquarters | The Cabot 25 Cabot Square London E14 4QZ |
| Employees | 859; 831 FTEs (2021)[1] |
| Authority executives |
|
| Parent department | Department for Business and Trade |
| Child Authority | |
| Website | gov |
The Competition and Markets Authority (CMA) is the principal competition regulator in the United Kingdom. It is a non-ministerial government department in the United Kingdom, responsible for strengthening business competition and preventing and reducing anti-competitive activities. The CMA launched in shadow form on 1 October 2013 and began operating fully on 1 April 2014, when it assumed many of the functions of the previously existing Competition Commission and Office of Fair Trading, which were abolished. The CMA also has consumer protection responsibilities and take on new digital markets regulation responsibilities in late 2024 under the Digital Markets, Competition and Consumers Act 2024.[4]
The CMA alongside the European Commission, the United States Department of Justice and the Federal Trade Commission, is a globally important antitrust agency.[5]
- ^ "CMA: workforce management information December 2021". Retrieved 4 February 2022.
- ^ "Marcus Bokkerink". GOV.UK. Retrieved 7 October 2022.
- ^ "Sarah Cardell, CEO of the Competition and Markets Authority". GOV.UK. Retrieved 11 February 2024.
- ^ Legislation.gov.uk (5 June 2024). "Digital Markets, Competition and Consumers Act 2024". Legislation.gov.uk. Retrieved 5 June 2024.
- ^ "The newfound influence of the UK's competition watchdog". www.ft.com. Retrieved 22 December 2023.