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(asked on 27th April 2020) - View Source

Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Energy and Industrial Strategy, what investigatory, enforcement and regulatory powers the Competition and Markets Authority holds to tackle price gouging.


Answered by
Paul Scully Portrait
Paul Scully
This question was answered on 5th May 2020

The Competition and Markets Authority have created a COVID-19 taskforce to investigate consumer concerns in light of COVID-19.

They have written to warn firms suspected of profiteering and stand ready to take enforcement action where there is evidence that competition or consumer protection law has been broken.

We are keeping all options under review to tackle profiteering.

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