UK review of competition policy

UK review of competition policy

John Penrose MP has been appointed to lead a root and branch review of competition policy in the UK.

The Government considers that promoting competition will be particularly important in the context of recovery from COVID-19.

Work is also ongoing in relation to digital competition. The Government has accepted the Furman Review recommendations and the Digital Markets Task Force is due to report by the end of 2020.

John Penrose MP has been asked to deliver, by the end of 2020, a short independent report building on and adding to these developments.

The report should consider how the UK’s competition regime can best:

1.     Play a central role in meeting the challenges of the post COVID-19 economy and in driving the recovery

2.     Contribute to the government’s aim of levelling up across all nations and regions of the UK?

3.     Increase consumer trust

4.     Support UK disruptors

5.     Make best use of data, technology and digital skills which are vital to the modern economy

https://www.gov.uk/government/publications/terms-of-reference-for-john-penrose-mp-report-on-competition-policy/terms-of-reference-john-penrose-mp-report-on-competition-policy