Ministers force out chair of UK’s competition regulator

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Financial Times 13h ago

Ministers force out chair of UK’s competition regulator - Financial Times

Quick Summary:

Eleven of the 33-member CMA merger panel, an independent group of experts that decides whether any deal that might threaten competition can proceed, are due to step down later this year.

One government figure said it was reasonable to assume that more of those incoming panel members would have a business background.

Tom Smith, partner at law firm Geradin Partners and former CMA legal director, said Bokkerink’s replacement “came as a surprise” to competition lawyers.“Government seems to be sending a strong signal, especially about merger control,” he added.“It is tempting to say that now would be a good time to file a merger at the CMA.