Competition and Markets Authority – Annual Report and Accounts 2019/20

Regulatory Updates | 14/07/20

The Competition and Markets Authority (CMA) has published its Annual Report, highlighting the wide range of work the UK competition and consumer authority has carried out in the past year. Throughout the year, the CMA delivered a substantial volume of work to ensure effective enforcement of competition law for the benefit of consumers. It issued 7 Competition Act decisions, imposing fines totalling £56 million on companies for breaking competition law, and it secured the disqualification of 10 directors who, through involvement in anti-competitive practices, have shown themselves to be unfit to be company directors.