The CMA should be nudged on antitrust, not bullied

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Financial Times 15h ago

The CMA should be nudged on antitrust, not bullied - Financial Times

Quick Summary:

While the CMA needs to change, Gurr has not indicated so far that he intends to divert it from its core role of reinforcing competition and serving consumer welfare.

A second complaint is that it drifted into antitrust activism on a global scale, even when the UK market was only a small part of an international merger.

Matters came to a head in 2023 when it finally approved Microsoft’s $75bn acquisition of Activision Blizzard after 21 months of uncertainty, having initially stood out globally by blocking it.