The Competition and Markets Authority (CMA) in the UK is under intense scrutiny from the Labour government, which is seeking to reform the watchdog's approach to competition enforcement. Following public rebukes from the Prime Minister regarding the CMA's impact on investment, the chair was replaced by Doug Gurr. As CMA's Chief Executive Sarah Cardell navigates this challenging landscape, she emphasizes the organization's diverse responsibilities, from regulating tech giants to intervening in consumer goods pricing, particularly highlighting recent efforts to reduce the cost of baby formula for families.
It's a market that really, really matters for parents and where the set of proposals that we have put out can make a real difference.
In January they were hauled into 10 to explain how they would support the government's growth ambitions.
In October the prime minister rebuked regulators in front of global business leaders for needlessly holding back the investment we need to take our country forward.
This job is for me a particularly unique opportunity to really deliver a tangible impact for people.
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