Competition and Markets Authority’s first set of accounts published

18 Jul 2014 11:47 AM

The Competition and Markets Authority (CMA) yesterday published its 6 month financial report. 

The CMA was launched in shadow form on 1 October 2013 before starting to exercise its statutory functions on 1 April 2014. These financial accountscover the 6 month period of the CMA’s operation as a shadow authority (1 October 2013 to 31 March 2014).

From 1 April 2014 the CMA took over the functions of the Competition Commission (CC) and the competition and certain consumer functions of theOffice of Fair Trading (OFT).