Found: meaning as in Section 70E of the Enterprise Act 2002 inserted by Schedule 6 of the Digital Markets
Found: providing other d efinitions , clarifies under subsections (2) and (3) what is meant when a person “markets
Government Response May. 02 2024
Committee: Communications and Digital CommitteeFound: The Digital Markets, Competition and Consumers Bill will give the Competition and Markets Authority
Asked by: Priti Patel (Conservative - Witham)
Question to the Department for Business and Trade:
To ask the Secretary of State for Business and Trade, what support her Department is providing to businesses in Essex to increase the export of goods and services.
Answered by Greg Hands - Minister of State (Department for Business and Trade)
Businesses in Essex and across the UK can access the Department for Business and Trade’s wealth of export support through great.gov.uk. This includes our self-serve digital offer, the Export Support Service, which includes our network of International Trade Advisers, International Markets in overseas regions and the Export Academy.
In addition, British businesses can benefit from access to, and support from, DBT Export Champions, 9 of which are Essex based, like Wilkin & Sons.
UK Export Finance also has a network of export finance managers based all around the country, including one covering Essex, Norfolk, and Suffolk.
Asked by: Lord Jackson of Peterborough (Conservative - Life peer)
Question to the HM Treasury:
To ask His Majesty's Government what discussions they have with the Competition and Markets Authority on the recent increases in car insurance premiums and access to car insurance for motorists on lower incomes.
Answered by Baroness Vere of Norbiton - Parliamentary Secretary (HM Treasury)
Treasury Ministers and officials have regular meetings with a wide variety of organisations in the public and private sectors, including the financial services regulators, on an ongoing basis.
The Government does not prescribe the terms, conditions or price that insurance companies set when offering insurance. Insurers make commercial decisions about the pricing of insurance following their assessment of the relevant risks. The Government does not intervene in these decisions as this could damage competition in the market.
The Financial Conduct Authority (FCA) is the independent regulator responsible for supervising the insurance industry. Alongside the Competition and Markets Authority, the FCA can enforce against breaches of competition law for the provision of financial services.
The FCA also requires firms to ensure their products offer fair value (i.e. if the price a consumer pays for a product or service is reasonable compared to the overall benefits they can expect to receive). The FCA has been clear that it will be monitoring firms to ensure they are providing products that are fair value, and, where necessary, it will take action.
Written Evidence May. 01 2024
Inquiry: Norton pension schemes and the Fraud Compensation FundFound: a breach of investment duties a breach of the Financial Services and Markets Act 2000 pension
Written Evidence May. 01 2024
Committee: Environmental Audit CommitteeFound: -Green Claims: In July 2022, the UK Competition and Markets Authority (CMA) opened an investigation
Written Evidence May. 01 2024
Committee: Environmental Audit CommitteeFound: Examples of frameworks and schemes that are being investigated or adopted in some markets include
Written Evidence May. 01 2024
Committee: Environmental Audit CommitteeFound: Competition and Markets Authority (CMA) At Asda, we understand that our customers care about the environment
Written Evidence May. 01 2024
Committee: Environmental Audit CommitteeFound: Available in nine languages and in over 200 markets, it has 21.4 million customers around the world