Govt plans to create super competition watchdog

Ministers want a single CMA to be a stronger advocate for pro-competition policy across government, including in the delivery of public services, today's consultation paper says. "The government considers the proposed single CMA should have a primary competition focus," it says. However many IFA firms are likley to escape some aspects of the new rules under an exemption to cut the burden on small business, which would exclude them from the merger control regime. A proposed single CMA could report on specified public interest considerations in market investigations if asked to do so...