Consultation outcome

Updated CMA transparency and disclosure statement, including new overseas investigative assistance guidance

This consultation has concluded

Detail of outcome

The Competition and Markets Authority (CMA) has now published its response to the consultation and the updated CMA6. The updated CMA6 will take effect from 1 January 2025 and will replace the existing CMA6 shortly after.

The updated CMA6 is an updated version of the existing CMA6 that reflects developments in CMA practice, as well as legislative developments since 2014, in particular the Digital Markets, Competition and Consumers Act 2024 (DMCCA).

The DMCCA, among other things, gives the CMA new powers to conduct investigative steps on behalf of other international authorities (referred to as 鈥榦verseas investigative assistance鈥�). This overseas investigative assistance power will apply across the CMA鈥檚 competition, consumer protection and digital markets functions. The provisions of the DMCCA giving the CMA overseas investigative assistance powers will apply from 1 January 2025.

The updated CMA6 at paragraphs 7.29 to 7.57 incorporates the CMA鈥檚 Overseas Investigative Assistance Guidance (the OIA Guidance), which provides information about these overseas investigative assistance powers. The OIA Guidance was approved by the Secretary of State for Business and Trade on 17 December 2024 and will take effect, along with the rest of the updated CMA6, from 1 January 2025

Feedback received

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Original consultation

Summary

The CMA is consulting on an updated version of transparency and disclosure: statement of the CMA鈥檚 policy and approach (CMA6).

This consultation was held on .

This consultation ran from
to

Consultation description

The draft CMA6 sets out the CMA鈥檚 approach to transparency and information disclosure across its tools. The document is an updated version of the existing CMA6 that reflects developments in CMA practice, as well as legislative developments since 2014, in particular the Digital Markets, Competition and Consumers (DMCC) Act 2024.

The draft CMA6 also includes the CMA鈥檚 new draft Investigative Assistance Guidance (IA Guidance) at paras. 7.29 to 7.57.

The DMCC Act, among other things, gives the CMA new powers to conduct investigative steps on behalf of other international authorities (referred to as 鈥榠nvestigative assistance鈥�). This investigative assistance power will apply across the CMA鈥檚 competition, consumer protection and digital markets functions.

Please note that the section numbering in the consultation documents reflects the most recently published version of the DMCC Bill prior to its enactment, which may be slightly different from the numbering in the consolidated version of the DMCC Act when it is published in due course.

Documents

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Updates to this page

Published 24 May 2024
Last updated 19 December 2024 show all updates
  1. Responses and consultation outcome published.

  2. First published.

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