The Competition and Markets Authority (CMA) has launched a consultation on proposed amendments to its guidance on penalty setting in Competition Act 1998 cases
Lexis®Library update: The objective of the changes is to improve transparency in the CMA’s approach to penalty-setting, ensuring each step has a clearly defined purpose and methodology. The CMA emphasises the importance of making these amendments now, before it encounters an increased caseload in light of Brexit. The deadline for responses is 5.00 pm on 30 July 2021.
The consultation can be viewed here.
Responses can be sent to penaltiesguidance-consultation@cma.gov.uk.
Source: Consultation on draft CA98 penalties guidance
This content was first published by LNB News / Lexis®Library, a LexisNexis® company, on 2 July 2021 and is published with permission. Further information can be found at: https://www.lexisnexis.co.uk/
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