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Weakening of UK CMA's independence may backfire

By Jon Menon and Simon Zekaria ( January 29, 2025, 13:45 GMT | Comment) -- Marcus Bokkerink’s exit as chair of the Competition and Markets Authority and his replacement by a former Amazon executive marked the most naked public intervention by a UK government since the regulator’s inception more than a decade ago. But the weakening of the CMA’s independence in this way runs the risk of backfiring, should decisions on mergers or markets harm consumers and lead to regulatory uncertainty.  Marcus Bokkerink’s exit as chair of the Competition and Markets Authority and his replacement by a former Amazon executive marked the most naked public intervention by a UK government since the regulator’s inception more than a decade ago....

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