Competition and Markets Authority Chairman Debate
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John Grady
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Competition and Markets Authority Chairman
John Grady Excerpts(1 day, 14 hours ago)
Commons ChamberRead Full debate Read Hansard Text Watch Debate Read Debate Ministerial Extracts
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Justin Madders
The CMA’s operational independence will remain intact. We have clearly set out that there will be a new strategic steer, which will be about boosting growth. After conversations, we have decided that new leadership is needed to deliver on that.
John Grady (Glasgow East) (Lab)
I should declare that before entering the House, I advised, as a competition lawyer, on various CMA matters, including investigations and panels. Some of the criticisms from Conservative Members seem half a world away, to channel Oasis, from both the topic in question and economic reality. Will the Minister confirm that yesterday’s announcement does not change the independence of the individual CMA panels that deal with matters before the CMA?
Justin Madders
I can confirm that the CMA’s operational independence remains intact.
Justin Madders
I thank the hon. Member for her question. It is important that consumers and small businesses operate on a level playing field; it is also correct that we are very keen to see more growth delivered. We think that will benefit everyone in the economy, but I take the point that a balance has to be struck.
Mr Speaker
Mr Grady, I think you have asked a question. [Interruption.] I think the Whips need to be advising you a bit more.