UK Moves to Smooth Merger Review Process After Starmer’s Call to Purge Red Tape
- CMA to review how it can use more tools to ease deal clearance
- Only “truly problematic” mergers will to be blocked by the CMA
CMA chief executive officer Sarah Cardell.
Photographer: Betty Laura Zapata/BloombergThis article is for subscribers only.
The UK’s competition watchdog is looking at different ways it can clear more deals without harming consumers and forcing sell offs, after Prime Minister Keir Starmer called on regulators to cut red tape to spur growth.
The Competition and Markets Authority said Thursday that’s going to review whether it can use a wider range of behavioral remedies during its merger review process in order to avoid a forced sale of parts of businesses.