Competition and Markets Authority Chairman Debate
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Bobby Dean
Main Page: Bobby Dean (Liberal Democrat - Carshalton and Wallington)Department Debates - View all Bobby Dean's debates with the Department for Business and Trade
Competition and Markets Authority Chairman
Bobby Dean Excerpts(1 day, 14 hours ago)
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Justin Madders
I can confirm that the CMA’s operational independence remains intact.
Bobby Dean (Carshalton and Wallington) (LD)
The power vested in large corporations is greater than ever. Tech giants are exerting monopolistic power over the market, so I am becoming exasperated with the Government’s Thatcherite-like attitude towards deregulation. Do the Government understand the risks involved in going for short-term boosts to growth over long-term stability of the economic market?
Justin Madders
I would not accept the hon. Gentleman’s characterisation at all, and I am sure that Conservative Members would not, either. We announced only this morning that we will take action against Amazon on knife sales, so I do not think the characterisation that we are in the pocket of big tech is at all accurate.