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Reforming Competition and Consumer Policy
20 April 2022
Type
Written Ministerial Statement
Department
Department for Business, Energy and Industrial Strategy
At a Glance
Issue Summary
The Government has published its response to the consultation on reforming competition and consumer policy, focusing on enhancing consumer rights and boosting market dynamism.
Action Requested
The government is reaffirming its commitment to modernising consumer rights, strengthening enforcement powers of the Competition and Markets Authority (CMA) and courts, and implementing reforms to competition law. These actions aim to protect consumers from scams and bad business practices while promoting a thriving economy with vigorous competition.
Key Facts
- The consultation was published in July 2021.
- 188 written responses were received during the consultation process.
- Roundtables and meetings were held with stakeholders for further engagement.
- Documents are available online at specified government websites.
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Assessment & feedback
Summary accuracy