Competition and market power in UK labour markets
The Competition and Markets Authority (CMA) Microeconomics Unit has released a report on labour market concentration, employer market power and worker outcomes.
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The CMA Microeconomics Unit has published its first report, on competition and market power in UK labour markets.
The Microeconomics Unit was established to provide independent research on competition, innovation and productivity to the CMA and wider government.
This report charts trends in UK labour market concentration and employer market power over the past twenty years, investigates how labour market concentration is related to worker outcomes and spotlights how technologies and labour market institutions are shaping labour markets in the UK.
Speech delivery by Sarah Cardell on the CMA’s research on competition and UK labour markets
Disclaimer: The research in this report uses a combination of methods and data sources to provide evidence on the state of competition in UK labour markets. It is not intended to set a CMA position, policy or conclusion.