Correspondence

State of Competition report 2020: government response

The government’s response to the Competition and Markets Authority’s first State of Competition report.

• From: Department for Business and Trade, Department for Business, Energy & Industrial Strategy, The Rt Hon Kwasi Kwarteng and The Rt Hon Rishi Sunak MP
• Published: 1 April 2021

This was published under the 2019 to 2022 Johnson Conservative government

Documents

Letter from the Chancellor of the Exchequer and the Business Secretary to the CMA: government response to State of Competition report

PDF, 134 KB, 2 pages

Details

The Competition and Markets Authority (CMA) was commissioned by the government to produce a state of competition report examining how well competition is working across the UK. On 30 November 2020 the CMA published its first report.

In this letter from the Chancellor of the Exchequer and the Secretary of State for Business, Energy and Industrial Strategy to Andrea Coscelli and Jonathan Scott, CMA, the government responds to the report.

The letter:

• reaffirms the importance of ongoing reporting and invites the CMA to work with the government to confirm the regularity of future reports
• recommends that the CMA continue engaging with the wider academic community to refine the approach to future reports
• acknowledges that the findings of this and future reports will provide valuable evidence to help inform policy
• reaffirms the government’s commitment to ensuring competition is working fairly and effectively across the country

Published 1 April 2021