Competition and Markets Authority guidance: part 1

This consultation sets out how the Competition and Markets Authority (CMA) will work in practice, and how it will interact with businesses and individuals across the range of its powers and responsibilities. Views on the consultation documents are welcomed from businesses, their legal and other advisers, and other interested parties.

This is the first tranche of consultation documents and there will be a second tranche in September. This tranche is made up of one introductory document and the five guidance documents:

1. Towards the CMA: a document setting out the background to the CMA and the context for the guidance upon which the CMA is consulting
2. Mergers: guidance on the CMA’s jurisdiction and procedure
3. Market studies and market investigations: supplemental guidance on the CMA’s approach
4. Administrative penalties: statement of policy on the CMA’s approach
5. Cost recovery in telecoms price control references: guidance on the CMA’s approach
6. Transparency and disclosure: statement of the CMA’s policy and approach

The guidance documents in these consultations are being produced in parallel with new and amended Statutory Instruments on the details of the competition regime, on which the Department for Business, Innovation and Skills is consulting separately: Competition regime: CMA priorities and draft secondary legislation.