Changes to the UK Competition and Consumer Protection regimes announced
4 May 2022
The UK Government has confirmed its plans for various reforms of competition and consumer protection laws. Most are refinements to make enforcement processes more effective and efficient. However, some could have significant implications for businesses, such as the ability for the Competition and Markets Authority (CMA) to impose fines of up to 10% of global turnover for consumer law breaches, the introduction of a new merger control threshold and the possibility for the CMA to change market investigation remedies for up to 10 years after they are imposed.
Clifford Chance
