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In February 2024, Persimmon was among eight UK house-builders targeted by the Competition and Markets Authority in an investigation into suspected breaches of competition law. The CMA said it had evidence that firms shared commercially sensitive information with competitors, influencing the build-out of sites and the prices of new homes. [ 70 ]
The Competition and Markets Authority (CMA) is the principal competition regulator in the United Kingdom. It is a non-ministerial government department in the United Kingdom, responsible for promoting competitive markets and tackling unfair behaviour. [ 4 ]
In February 2024, Bloor Homes was among eight UK house-builders targeted by the Competition and Markets Authority in an investigation into suspected breaches of competition law. The CMA said it had evidence that firms shared commercially sensitive information with competitors, influencing the build-out of sites and the prices of new homes.
In March 2024, the Competition and Markets Authority (CMA) opened an investigation into the proposed acquisition, assessing if it might "result in a substantial lessening of competition within any market or markets in the United Kingdom for goods or services."
The rules vary for Scotland and Northern Ireland, but elsewhere Building Regulations approval can usually be obtained by application to a building control body (BCB), of which there are two types: local Authority BCBs (usually a council's building control department) and private BCBs (known as Approved Inspectors). If an Approved Inspector is ...
On 22 March 2021, the Competition and Markets Authority appointed Rachel Merelie as the Senior Director for the OIM. [7] On 21 September 2021, the Office for the Internal Market officially opened and began operating as the advisory body for the UK internal market.
The Competition Appeal Tribunal (CAT) of the United Kingdom was created by Section 12 and Schedule 2 to the Enterprise Act 2002 which came into force on 1 April 2003. . The Competition Service is an executive non-departmental public body which was created as a support body for the Competition Appeal Tribu
These agreements could be to limit output, collusively share information, fix prices, tender collectively and share markets out. Competition and Markets Authority (CMA) is responsible for prosecuting such firms who engage in these activities, and are able to levy fines up to 10% of annual global turnover for every year in which a violation has ...