Question to the Department for Business and Trade:
To ask the Secretary of State for Business and Trade, whether he has made an assessment of the potential impact of the appointment of the new chair of the Competition and Markets Authority on regulation of competition in UK markets.
The Secretary of State has welcomed the appointment of Doug Gurr as interim Chair of the Competition and Markets Authority (“CMA”).
Doug Gurr has a wealth of experience as a business leader and entrepreneur. Along with the CMA Chief Executive, Sarah Cardell, he has initiated a programme of work to improve Pace, Predictability, Proportionality and Process across the CMA’s activities to support growth and investment, while ensuring a level playing field for businesses and protecting consumers.
The government is supporting this work through the new growth-focused Strategic Steer to the CMA and a new Framework Agreement to be published later this year.