UK consumer watchdog frustrated at lack of bite

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CMA left reliant on courts to fulfil role despite government promises to give it more powers two years ago

“The CMA’s main gripe is that it has never had the fining powers and the ability to run a [consumer protection] case through to a final decision with penalties,” said Becket McGrath, competition partner at Euclid Law. “The CMA wants to have the equivalent set of [consumer] powers as its competition powers that it can use to effectively take enforcement action against consumer law practices which evolve at a [fast] rate.”

Follow the link to read the full Financial Times article.

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