Source · Select Committees · Business and Trade Committee
Recommendation 5
5
Deferred
Paragraph: 41
Whilst we support the increase in powers for the CMA, we also share the concern...
Recommendation
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, in 2023. In the interim, we require the CMA to proactively report to this Committee on an ongoing basis.
Government response summary AI-generated
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.
Summary of the government's response below — read the verbatim text to verify.
Paragraph Reference:
41
Government Response
Deferred
HM Government · verbatim extract
Deferred
The CMA will be responding separately on this recommendation.
Read the full response on Parliament ↗