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The programme was launched in 2002 by deputy prime minister John Prescott, [3] with the coalition government led by David Cameron ending funding in March 2011. [6]Supporters of the scheme claimed that it would " renew failing housing markets and reconnect them to regional markets", "improve neighbourhoods and" "encourage people to live and work in these areas."
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 CMA also has consumer protection responsibilities and take on new digital markets regulation responsibilities in late 2024 under the Digital Markets, Competition and Consumers Act 2024. [5] The CMA alongside the European Commission, the United States Department of Justice and the Federal Trade Commission, is a globally important antitrust ...
The majority of the OFT's work consisted of analysing markets, enforcing consumer and competition law, merger control, licensing and supervisory work (of consumer credit, estate agency, anti money-laundering supervision), advocacy, delivering information, education programmes and campaigns to business and consumers.
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.
Competition and Markets Authority, a regulatory body in the United Kingdom Computer Misuse Act 1990 Council for Multicultural Australia, former name of the Australian Multicultural Council
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 ...
The Parliamentary Under-Secretary of State for Employment Rights, Competition and Markets [1] is a ministerial position in the Department for Business and Trade in the British Government. It is currently held by Justin Madders. The position was previously housed within the Department for Business, Innovation and Skills.