Competition Markets Authority
Details
The Competition and Markets Authority (CMA) is the UKs lead competition and consumer authority.
The CMA is taking a new approach to its Annual Plan this year. In a change from the past, we are setting out the 2023 to 2024 Annual Plan in two time horizons: our ambition and medium-term priorities for the next 3 years, and the key areas on which the CMA intends to focus in the next 12 months.
We first set out the CMAs purpose to help people, businesses and the UK economy by promoting competitive markets and tackling unfair behaviour and how this purpose shapes our ambition. Second, we explain our ambition in terms of the outcomes we want to help deliver over the medium and long-term:
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people can be confident they are getting great choices and fair deals
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competitive, fair-dealing businesses can innovate and thrive
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the whole UK economy can grow productively and sustainably.
Third, our Annual Plan then goes on to set out our medium-term priorities for the next three years and our specific areas of focus for 2023 to 2024.