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first_imgCMA consults on Annual Plan 2021/22 The Competition and Markets Authority (CMA) has outlined the key areas on which it expects to focus in the coming year, including its ongoing commitment to protect UK consumers during the unprecedented circumstances of the coronavirus (COVID-19) pandemic.The draft Annual Plan also looks ahead to the end of the EU Exit Transition Period and the new responsibilities this will bring for the CMA, including an increase in merger cases and competition law enforcement, as well as the creation of new functions such as the Digital Markets Unit and the Office for the Internal Market.The CMA proposes to focus on the following themes in 2021/22:protecting consumers and driving recovery during and after the coronavirus pandemic, with a particular focus on protecting the vulnerable from breaches of competition and consumer protection laws and poorly functioning markets, and supporting the UK economy by fostering competition to promote innovation, productivity and growthtaking its place as a global competition and consumer protection authority as it assumes new responsibilities after the EU Exit Transition Periodfostering effective competition in digital marketssupporting the transition to a low carbon economy.In carrying out this work, the CMA will continue to get closer to the needs of consumers, as it set out at the beginning of 2020. This includes continuing to develop its understanding of the changing needs of consumers; to explain why competition matters and the CMA’s work and priorities; and to advocate more visibly and vocally for the interests of consumers.The CMA’s consultation is intended to give partners, interested parties and members of the public the opportunity to provide views and comments on the CMA’s proposed Annual Plan for 2021/22, and it looks forward to receiving feedback and suggestions.F /Public Release. This material comes from the originating organization and may be of a point-in-time nature, edited for clarity, style and length. View in full here. Why?Well, unlike many news organisations, we have no sponsors, no corporate or ideological interests. We don’t put up a paywall – we believe in free access to information of public interest. Media ownership in Australia is one of the most concentrated in the world (Learn more). Since the trend of consolidation is and has historically been upward, fewer and fewer individuals or organizations control increasing shares of the mass media in our country. According to independent assessment, about 98% of the media sector is held by three conglomerates. This tendency is not only totally unacceptable, but also to a degree frightening). Learn more hereWe endeavour to provide the community with real-time access to true unfiltered news firsthand from primary sources. It is a bumpy road with all sorties of difficulties. We can only achieve this goal together. Our website is open to any citizen journalists and organizations who want to contribute, publish high-quality insights or send media releases to improve public access to impartial information. You and we have the right to know, learn, read, hear what and how we deem appropriate.Your support is greatly appreciated. All donations are kept completely private and confidential.Thank you in advance!Tags:coronavirus, digital, Economy, EU, Europe, Government, innovation, law, market, pandemic, UK, UK Governmentlast_img read more

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