Question to the Department for Business and Trade:
To ask the Secretary of State for Business and Trade, what assessment he has made of the potential impact of competition for North Channel ferry crossings on economic growth in Northern Ireland.
The Competition and Markets Authority, the “CMA”, is responsible for competition investigations and enforcement within the UK, including Northern Ireland. It is therefore not appropriate for Government to make assessments on the impacts of conduct on competition.
As an independent authority, the CMA has discretion to investigate competition cases which, according to its prioritisation principles, it considers most appropriate. The government has ensured that the CMA has significant powers to investigate and act to ensure markets remain competitive, and consumers are protected from unfair or exploitative market practices.