The impact of Brexit on the Competition and Markets Authority (CMA)

This paper explores the implications of Brexit for the Competition and Markets Authority (CMA). It argues that the most pressing issue is not the future design or evolution of UK competition policy, but the particular challenges faced by the CMA in scaling up their enforcement activities to replicate the work previously undertaken by the European Commission on the UK’s behalf. The possibility of the CMA also being responsible for the UK’s new subsidy control regime further heightens these pressures and risks a post-Brexit weakening of competition enforcement in the UK