Post-pandemic economic growth: State Aid and Post Brexit Competition Policy
Business and Trade Committee
Closed
Inquiry
The Business, Energy and Industrial Strategy (BEIS) Committee would like to hear the views of UK businesses on the future role that government will play in investing in industry and shaping competition policy. The views and ideas that business leaders provide will help inform the Committee as it starts work …
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17
Recommendations
13
Conclusions
1
Report
6
Oral sessions
2
Letters
6
Events
Activity timeline 17 events
28 Apr
2023
2023
21 Feb
2023
2023
21 Feb
2023
2023
10 Feb
2023
2023
25 Oct
2022
2022
26 Apr
2022
2022
Oral evidence
26 Apr
2022
2022
Formal meeting (oral evidence session) · Room 15, Palace of Westminster
1 Mar
2022
2022
Oral evidence
1 Mar
2022
2022
Formal meeting (oral evidence session) · The Wilson Room, Portcullis House
1 Feb
2022
2022
Oral evidence
1 Feb
2022
2022
Formal meeting (oral evidence session) · Room 6, Palace of Westminster
30 Nov
2021
2021
Oral evidence
Oral evidence sessions 6 sessions
26 Apr 2022
View on parliament.uk
Alesha de Freitas · Department for Business, Energy and Industrial Strategy
Niall Mackenzie · Department for Business, Energy and Industrial Strategy
Paul Scully MP · Department for Business, Energy and Industrial Strategy
Rt Hon Lord Andrew Tyrie
1 Mar 2022
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Oral evidence session
Matthew Upton · Citizens Advice
Matthew Vickers · Ombudsman Services
Rocio Concha · Which?
Steve Ruddy · Chartered Trading Standards Institute
1 Feb 2022
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Oral evidence session
Andrea Coscelli · Competition and Markets Authority
Camilla de Coverly Veale · The Coalition for a Digital Economy
Dame Melanie Dawes · Ofcom
Neil Ross · techUK
Sunil Patel · PwC
30 Nov 2021
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State Aid and Post-Brexit Competition Policy
Isabel Taylor · Slaughter and May
James Webber · Shearman & Sterling LLP
Nicole Robins · Oxera
Professor Sir John Vickers · Oxford University
2 Nov 2021
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Oral evidence session
George Peretz QC · Joint Working Party of UK Bars and Law Societies on Competition Law
John Penrose · Home Office
26 Oct 2021
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Oral evidence session
George Peretz · Joint Working Party of UK Bars and Law Societies on Competition Law
John Penrose · Home Office
Professor Sir John Vickers · Oxford University
Reports 1 report · click to expand
| Title | HC No. | Published | Items | Response |
|---|---|---|---|---|
| Fourth Report - Post-pandemic economic growth: state aid and pos… | HC 759 | 25 Oct 2022 | 30 | Responded |
Recommendations & Conclusions
7 results
1
Recommendation
Accepted
Fourth Report - Post-pandemic econ…
The CMA is highly regarded by many practitioners and stakeholders, including internationally.
The CMA is highly regarded by many practitioners and stakeholders, including internationally. In particular, the calibre and expertise of staff has been commended throughout this inquiry. However, we recognise the concerns raised in our inquiry about the level of involvement …
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Government Response
The CMA outlines existing mechanisms for Board involvement in decision-making, reporting, and strategic priorities, and claims they are already addressing the need for more proactive engagement and transparency.
Department for Business and Trade
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2
Recommendation
Accepted
Fourth Report - Post-pandemic econ…
In the context of the Government’s stated aim to drive higher economic growth, we believe...
In the context of the Government’s stated aim to drive higher economic growth, we believe the CMA could be doing more to help stimulate economic growth in the UK by conducting more market studies in key sectors of the economy …
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Government Response
The CMA states it already considers economic growth and productivity in its work, referencing its draft Annual Plan and prioritisation principles for market studies.
Department for Business and Trade
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7
Recommendation
Accepted
Fourth Report - Post-pandemic econ…
Additional compliance costs will be incurred by businesses that trade in both the EU and...
Additional compliance costs will be incurred by businesses that trade in both the EU and the UK, assuming some degree of regulatory divergence over time. We therefore call on the CMA to conduct a short economic analysis, to be sent …
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Government Response
The CMA has established a new micro-economics unit in Darlington and is creating a central market intelligence and horizon-scanning function to address consumer harms beyond COVID-19, which addresses the committee's request for economic analysis and its impact on competition.
Department for Business and Trade
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16
Conclusion
Accepted
Fourth Report - Post-pandemic econ…
The COVID-19 pandemic has exacerbated the negative effects of weak competition in some industries for...
The COVID-19 pandemic has exacerbated the negative effects of weak competition in some industries for consumers. Consumers have increasingly experienced rip- offs and asymmetry of information.
Government Response
The Government agrees with the Committee’s assessment and states they plan to strengthen consumer protection law through the forthcoming Digital Markets, Competition and Consumer Bill, provides funding to Citizens Advice, and supports consumer awareness campaigns.
Department for Business and Trade
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22
Recommendation
Accepted
Fourth Report - Post-pandemic econ…
Regulators and other relevant stakeholders should invest in better online arbitration systems that are quicker...
Regulators and other relevant stakeholders should invest in better online arbitration systems that are quicker and cheaper, to speed up enforcement of minor consumer rights breaches. These investments should include better internal digital case management systems and other options for …
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Government Response
The Government has committed to reform Alternative Dispute Resolution (ADR) by legislating to boost the quality and oversight of ADR services, particularly in non-regulated sectors and is exploring mediation in the civil justice system.
Department for Business and Trade
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29
Conclusion
Accepted
Fourth Report - Post-pandemic econ…
Digital markets are global in nature.
Digital markets are global in nature. Therefore, many countries are required to work together to assess the risks and form an approach to tackle anti-competitive behaviour. We congratulate the CMA for its work on the Digital Markets Unit so far …
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Government Response
The Government believes the CMA has the funding it needs to carry out its functions and intends in the Digital Markets, Competition and Consumer Bill to provide powers for a levy on Strategic Market Status designated firms that partially recoups the cost of DMU activity.
Department for Business and Trade
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30
Recommendation
Accepted
Fourth Report - Post-pandemic econ…
Legislation is required if the Digital Markets Unit is to have the enforcement and other...
Legislation is required if the Digital Markets Unit is to have the enforcement and other powers it needs to fulfil its role. We welcome the announcement in the Queen’s Speech that a Draft Digital Markets, Competition and Consumer Bill will …
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Government Response
The Government believes the CMA has the funding it needs, and intends to provide powers for a levy on Strategic Market Status designated firms that partially recoups the cost of DMU activity in the Digital Markets, Competition and Consumer Bill.
Department for Business and Trade
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Government Response AI assessment · 30 of 17 classified
Accepted
7
Acknowledged
12
Deferred
3
Total
17 recs + 13 conclusions
Correspondence 2 letters
21 Feb 2023
To committee
Letter from the Secretary of State for Energy Security and Net Zero relating to state aid, 16 February 2023
Parliament page
21 Feb 2023
To committee
Letter from the Chair to Secretary of State on state aid rules, 16 January 2023
Parliament page