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Brief
Summary:
The CMA (Competition and Markets Authority) has released its draft annual plan for 2024 to 2025, which builds on its long-term strategy to promote competitive markets and tackle unfair behavior. The plan focuses on several areas, including preparing for new powers expected under the Digital Markets, Consumers and Competition (DMCC) Bill, updating areas of focus related to labour markets, artificial intelligence, and housing, and continuing to work on anti-competitive dominance through merger control. The CMA aims to deliver positive outcomes for the people, businesses, and economy of the UK, and is committed to contributing real value for money to taxpayers.
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