Competition and Markets Authority

(asked on 4th December 2018) - View Source

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

To ask Her Majesty's Government what assessment they have made of the impact of a no-deal Brexit on the resources of the Competition and Markets Authority.


Answered by
Lord Henley Portrait
Lord Henley
This question was answered on 10th December 2018

The Government is working closely with the Competition and Markets Authority (CMA) on the implications for its work of the UK leaving the EU, and will continue to do so. The Government has allocated over £4bn for departmental preparations for EU Exit. The CMA was allocated £23.6 million in 2018/19 as part of this. HM Treasury has received the CMA’s bid for additional funding in 2019/20 and will announce further details of allocations in due course.

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