Editorial: Toothless or sensible?

Author: Tom Young | Published: 20 Apr 2016

Competition enforcement – or lack of it – has become somewhat of a running joke in the UK over the past two years. Since April 2014, when the Competition & Markets Authority (CMA) launched with considerable enforcement powers to boot, corporates have escaped largely unscathed.

The commentary has been damning. The CMA's biggest critics have argued that a poor enforcement record leads to confusion and a difficult compliance environment – not to mention the...