UK Competition and Markets Authority

The UK Competition and Markets Authority (CMA) is a government agency responsible for promoting competition and preventing monopolies in the marketplace. It ensures that businesses compete fairly, which helps protect consumers from high prices and poor services. The CMA investigates mergers, examines business practices, and enforces consumer protection laws. By encouraging competition, the CMA aims to create a fair economy where innovation thrives, ultimately benefiting consumers and businesses alike. Its role is crucial in maintaining a balanced market where all participants can operate on equal terms.