Source · Select Committees · Business and Trade Committee
Recommendation 15
15
Not Addressed
Paragraph: 120
Weak competition and consumer policy will lead to detriment for consumers and worse economic outcomes,...
Recommendation
Weak competition and consumer policy will lead to detriment for consumers and worse economic outcomes, particularly for the most vulnerable in society. We 50 Post-pandemic economic growth: state aid and post-Brexit competition policy encourage Ministers to build upon existing UK consumer law and to refrain from fundamental changes to it. Whilst UK consumer law is comprehensive, consumers still have low levels of understanding of their rights and enforcement is weak. We therefore call on Ministers to give consumer enforcement agencies additional powers and resources to improve their enforcement of consumer rights, in the interests of consumers and competition in markets. We also encourage the CMA to formally collaborate with consumer and competition law agencies in regulated sectors to reduce consumer detriment.
Government Response Summary
Departments will prepare their responses to the REUL Bill individually and keep the Parliamentary Business and Legislation Committee advised. Updated guidance will be developed and shared at the appropriate moment, and the Government will give the BEIS Select Committee early notice of the intended use of LROs as part of the REUL reform programme where relevant.
Paragraph Reference:
120
Government Response
Not Addressed
HM Government
Not Addressed
Departments will be preparing their responses to the REUL Bill individually and keeping the Parliamentary Business and Legislation Committee, and relevant departmental committees, advised on proposed legislation in the usual way. Updated guidance on the use of LROs and other REUL Bill instruments will be developed and shared at the appropriate moment. The Government will do its utmost to give the BEIS Select Committee early notice of the intended use of LROs as part of the REUL reform programme where relevant.