The CMA at 10: Past reflections and a look ahead to the next decade of promoting competition and protecting consumers

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Location: Competition and Markets Authority (CMA) Delivered on: 18 April 2024 (Speaker's notes, may differ from delivered version) Thank you all for joining us today, as the CMA turns 10. This is a pivotal moment not just for us as an organisation, but for the UK’s evolving approach to promoting competition and protecting consumers. It

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Secretary of State calls for Competition and Markets Authority to review competition in the home heating market

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Documents Letter from The Secretary of State for Energy Security and Net Zero PDF , 125 KB, 2 pages Letter from Sarah Cardell to The Rt Hon. Claire Coutinho MP PDF , 140 KB, 2 pages Details The Secretary of State for Energy Security and Net Zero wrote to the CMA in March 2024 asking

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CMA outlines growing concerns in markets for AI Foundation Models

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CMA outlines growing concerns regarding foundation models in CEO speech and update paper, as the market continues to develop at a “whirlwind pace”  CMA identifies 3 key interlinked risks to fair, effective, and open competition   CMA CEO: “When we started this work, we were curious. Now, we have real concerns.”  The move from the Competition

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CMA wins second legal challenge in Cérélia/Jus-Rol case

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In a unanimous decision, the Court of Appeal has dismissed all 5 grounds of Cérélia’s appeal, which sought to overturn a judgment issued by the Competition Appeal Tribunal in September 2023. Joel Bamford, Executive Director of Mergers at the CMA, said: We are pleased with today’s ruling from the Court of Appeal, which has fully

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Opening remarks at the American Bar Association (ABA) Chair’s Showcase on AI Foundation Models

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Location: Marriott Marquis, Washington DC Delivered on: 11 April 2024 (Speaker's notes, may differ from delivered version) Thank you for the opportunity to open this morning’s discussion with some reflections from the UK’s Competition and Markets Authority (CMA) on our work on the impact of foundation models – or generative AI – on competition and

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