Consultation – Reforming Competition and Consumer Policy

Industry News | 27/07/21

The Department for Business, Energy and Industrial Strategy (BEIS) published a consultation Reforming Competition and Consumer Policy.

The consultation covers proposals under 3 themes:

•    promoting competition to drive enterprise, innovation, growth, and productivity;
•    updating consumer rights to keep pace with markets;
•    strengthening the enforcement of consumer law by individuals and regulators.

There are specific proposals around the powers of the Competition and Markets Authority and also around alternative dispute resolution.

BEIS also launched a consultation on a new pro-competition regime for digital markets.

The deadline for responses to both consultations is 1st October 2021.

Source: BEIS