Regulation

The CMA vs the government: Inside antitrust’s big battle

The competition watchdog is under the pump from policymakers. Will it stand up to the challenge?

The regulator is under both political and resource pressure, those close to it tell FN
The regulator is under both political and resource pressure, those close to it tell FN Illustration: FN Staff

In 2020, the Competition and Markets Authority was in turmoil. Chair Lord Andrew Tyrie had just been ousted in a boardroom coup. The government scrambled to find a replacement, but struck out for two years.

“I’m very glad I didn’t take it,” a City grandee sounded out for the job tells Financial News.

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