In the context of the Government’s stated aim to drive higher economic growth, we believe the CMA could be doing more to help stimulate economic growth in the UK by conducting more market studies in key sectors of the economy and thinking more about the role of competition in driving productivity. We therefore encourage the CMA to consider this part of its remit in deciding on its work priorities and resource allocations going forward.
In the context of the Government’s stated aim to drive higher economic growth, we believe the CMA could be doing more to help stimulate economic growth in the UK by conducting more market studies in key sectors of the economy and thinking more about the role of competition in driving productivity. We therefore encourage the CMA to consider this part of its remit in deciding on its work priorities and resource allocations going forward. Type: conclusion | Number: 2 | Paragraph: 31 | Response status: under_consideration Government response: The CMA has a significant role to play in supporting innovation, productivity and growth across the UK economy. In its new draft Annual Plan, two of the three proposed medium-term priorities are about stimulating economic growth—enabling competitive, fair-dealing businesses to innovate and thrive; a