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ARTICLE · 08 JULY 2014

CMA And OFCOM Memorandum Of Understanding: Competition Powers

Charles Russell Speechlys LLP
Charles Russell Speechlys LLP
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Charles Russell Speechlys LLP

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The Competition & Markets Authority and the Office of Communications have entered into a non binding Memorandum of Understanding.

United KingdomAntitrust/Competition Law
Robert Roskin
Robert Roskin

The Competition & Markets Authority ("CMA") and the Office of Communications ("OFCOM") have entered into a non binding Memorandum of Understanding to encourage cooperation and greater understanding between the two regulators and to promote competition for the benefit of consumers.

Memorandum of Understanding ("MoU")

Following recent changes in UK legislation, the CMA has entered into a number of MoUs with regulators with concurrent competition powers. The main purpose of the MoU is to establish greater understanding between CMA and OFCOM through sharing of expertise, information, ideas and experience in relation to competition prohibitions and market investigations in the electronic communications, broadcasting and postal sectors (the "Sectors").

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