Recent Developments at the CMA: 2016–2017

Chris Doyle (), Alex Moore (), Borbala Szathmary () and Mike Walker ()
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Chris Doyle: Competition and Markets Authority
Alex Moore: Competition and Markets Authority
Borbala Szathmary: Competition and Markets Authority
Mike Walker: Competition and Markets Authority

Review of Industrial Organization, 2017, vol. 51, issue 4, No 3, 423-449

Abstract: Abstract We discuss three interesting cases that the Competition and Markets Authority (CMA) has dealt with over the past year. First, we cover the ICE/Trayport vertical merger, which was prohibited by the CMA. Second, we discuss the CMA’s recent market investigation into the UK energy sector. The CMA arrived at the unexpected finding that markets with homogeneous products, multiple players and low entry barriers can still lead to significant competition concerns. Finally, we discuss the CMA’s work in relation to retail most favoured nation clauses, and include econometric results showing the impact of these clauses on platforms’ commission fees .

Keywords: CMA; Competition policy; Energy economics; Mergers; Most favoured nation clauses (search for similar items in EconPapers)
Date: 2017
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DOI: 10.1007/s11151-017-9594-8

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