Consultation outcome

Updated guidance on the CMA’s approach to market investigations

This consultation has concluded

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Consultation response

Detail of outcome

The CMA has published its response to the consultation and updated guidance on its approach to market investigations. Paragraphs 50 to 87 of CC3: Guidelines for market investigations: Their role, procedures, assessment and remedies have been revised and incorporated into CMA3: Market Studies and Market Investigations: Supplemental guidance on the CMA’s approach.

Feedback received

Summary of roundtable discussion

Addleshaw Goddard LLP

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Ashurst LLP

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Baker McKenzie

Berwin Leighton Paisner LLP

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Charles Russell Speechlys LLP

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Citizens Advice

Cleary Gottlieb Steen & Hamilton LLP

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Clifford Chance LLP

Dentons UKMEA LLP

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EDF Energy

First Utility

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Freshfields Bruckhaus Deringer LLP

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Law Society of Scotland

Linklaters

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Npower

Ofwat

Pinsent Masons LLP

Santander UK plc

Scottish Government

Simmons & Simmons LLP

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Slaughter and May

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SSE plc

Which?

Detail of feedback received

The responses can be found above.


Original consultation

Summary

The CMA consulted on a number of proposed changes to market investigations and revisions to its published guidance.

This consultation ran from
to

Consultation description

The Competition and Markets Authority (CMA) is inviting views on its proposals to make changes to the way market investigations are undertaken in the future, and on proposed amendments to its published guidance on market investigations to reflect these changes.

The 2 proposals for consultation are to:

  • streamline the market investigation process by considering remedies earlier; reducing the number of set-piece consultations; and earlier, flexible interaction with stakeholders
  • increase efficiencies between market studies and investigations while maintaining independent decision-making

The CMA will hold a stakeholder roundtable event on 29 March to discuss these proposals. Further details are in the consultation document.

Following consultation, the Market studies and market investigations supplemental guidance (CMA3) will be updated to incorporate the revised guidance.

Documents

Published 6 March 2017
Last updated 5 July 2017 + show all updates
  1. Consultation responses published.

  2. First published.