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CMA action plan

20 March 2024
Issue: 8064 / Categories: Legal News , Competition
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The Competition and Markets Authority (CMA) has identified essential spending and sectors where people are under financial pressure, such as accommodation and travel, as ‘areas of focus’ for the next year

It will also focus on emergent markets such as the development of artificial intelligence models and on enabling innovative businesses to access cloud services, e-commerce and digital advertising, according to its 2024-2025 Annual Plan, published last week.

The regulator is poised to gain powers under the Digital Markets, Competition and Consumers Bill, expected to receive Royal Assent in April. Sarah Cardell, chief executive of the CMA, said these would enable it ‘to inject much needed competition into digital markets and to protect consumers more effectively than ever before. We have been preparing for several years to make sure we can hit the ground running’.

Issue: 8064 / Categories: Legal News , Competition
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MOVERS & SHAKERS

Charles Russell Speechlys—Gustina Singgih

Charles Russell Speechlys—Gustina Singgih

Corporate team in London welcomes new partner

Church Court Chambers—Maria Karaiskos KC

Church Court Chambers—Maria Karaiskos KC

Historic appointment of chambers' first female head

Wright Hassall—five promotions

Wright Hassall—five promotions

Firm announces five promotions, including new partner

NEWS
Proposed legislation to tighten the rules on pooled client accounts would place ‘substantial’ burdens on solicitors, the Law Society has warned
Increasing numbers of family mediators are cutting back on legal aid work or leaving the sector altogether due to low fees—creating a supply shortfall for low-income families
Lawyers acting in cases funded by damages-based agreements (DBAs) cannot claim their share of the damages if no damages are awarded, the High Court has clarified
Lawyers have given a cautious welcome to a Ministry of Justice decision to increase Crown Court sitting days
Barristers have been targeted with death threats, rape threats, threats to their family members, physical surveillance and threats from politicians, chair of the Bar Barbara Mills KC has reported
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