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Select Committee · Business and Trade Committee

Post-pandemic economic growth: State Aid and Post Brexit Competition Policy

Status: Closed Opened: 23 Sep 2021 Closed: 3 May 2023 17 recommendations 13 conclusions 1 report

The Business, Energy and Industrial Strategy (BEIS) Committee would like to hear the views of UK businesses on the future role that government will play in investing in industry and shaping competition policy. The views and ideas that business leaders provide will help inform the Committee as it starts work on its inquiry, on State …

Clear

Reports

1 report
Title HC No. Published Items Response
Fourth Report - Post-pandemic economic growth: state aid an… HC 759 25 Oct 2022 30 Responded

Recommendations & Conclusions

3 items
5 Recommendation Fourth Report - Post-pandemic economic … Deferred

Whilst we support the increase in powers for the CMA, we also share the concern...

Whilst we support the increase in powers for the CMA, we also share the concern that there is insufficient oversight of the CMA and its performance. Additional powers must therefore come with additional accountability. This Committee will be undertaking more work on parliamentary oversight of the CMA, and other regulators, …

Government response. The government redirects concerns about intra-UK trade to the Office for the Internal Market (OIM), which is statutorily obligated to monitor the UK's internal market and provide annual reports.
Department for Business and Trade
17 Recommendation Fourth Report - Post-pandemic economic … Deferred

We commend the CMA for its COVID-19 Taskforce which was effective in improving consumer rights...

We commend the CMA for its COVID-19 Taskforce which was effective in improving consumer rights in several industries. However, we believe that this taskforce was disbanded prematurely. We ask the CMA to establish an horizon scanning unit that pro-actively engages on consumer law enforcement, as the COVID-19 Taskforce did following …

Government response. The CMA will be responding separately, deferring the response to a later date.
Department for Business and Trade
18 Conclusion Fourth Report - Post-pandemic economic … Deferred

We welcome the Government’s recent proposals to increase the CMA’s ability to fine businesses that...

We welcome the Government’s recent proposals to increase the CMA’s ability to fine businesses that abuse their market position, by reducing the minimum turnover threshold for immunity from financial penalties from £50 million to £20 million and imposing penalties of up to 10% of global annual turnover in instances where …

Government response. The CMA will be responding separately.
Department for Business and Trade

Oral evidence sessions

6 sessions
Date Witnesses
26 Apr 2022 Alesha de Freitas · Department for Business, Energy and Industrial Strategy, Niall Mackenzie · Department for Business, Energy and Industrial Strategy, Paul Scully MP · Department for Business, Energy and Industrial Strategy, Rt Hon Lord Andrew Tyrie View ↗
1 Mar 2022 Matthew Upton · Citizens Advice, Matthew Vickers · Ombudsman Services, Rocio Concha · Which?, Steve Ruddy · Chartered Trading Standards Institute View ↗
1 Feb 2022 Andrea Coscelli · Competition and Markets Authority, Camilla de Coverly Veale · The Coalition for a Digital Economy, Dame Melanie Dawes · Ofcom, Neil Ross · techUK, Sunil Patel · PwC View ↗
30 Nov 2021 Isabel Taylor · Slaughter and May, James Webber · Shearman & Sterling LLP, Nicole Robins · Oxera, Professor Sir John Vickers · Oxford University View ↗
2 Nov 2021 George Peretz QC · Joint Working Party of UK Bars and Law Societies on Competition Law, John Penrose · Home Office View ↗
26 Oct 2021 George Peretz · Joint Working Party of UK Bars and Law Societies on Competition Law, John Penrose · Home Office, Professor Sir John Vickers · Oxford University View ↗

Correspondence

2 letters
DateDirectionTitle
21 Feb 2023 To cttee Letter from the Secretary of State for Energy Security and Net Zero relating to…
21 Feb 2023 To cttee Letter from the Chair to Secretary of State on state aid rules, 16 January 2023