CMA (Competition and Markets Authority)

PoliticalEntity

The competition regulator in the United Kingdom. They are the primary body holding up the Adobe-Figma deal, citing concerns about future competition, which the podcast panel critiques as a novel and problematic legal theory.


First Mentioned

1/8/2026, 4:12:38 AM

Last Updated

1/8/2026, 4:15:27 AM

Research Retrieved

1/8/2026, 4:15:27 AM

Summary

The Competition and Markets Authority (CMA) is the United Kingdom's primary competition regulator, operating as a non-ministerial government department dedicated to fostering competitive markets and addressing unfair practices. Established fully on April 1, 2014, it absorbed the functions of the former Competition Commission and Office of Fair Trading. The CMA also holds consumer protection responsibilities and, as of late 2024, has taken on new digital markets regulation duties under the Digital Markets, Competition and Consumers Act 2024. Globally, the CMA is recognized as a significant antitrust agency, alongside entities like the European Commission and the U.S. Department of Justice. Recently, the CMA has been criticized for its handling of Adobe's acquisition of Figma, with its antitrust theory based on speculative future competition and a lengthy 15-month delay being cited as creating a chilling effect on mergers and acquisitions.

Referenced in 1 Document
Research Data
Extracted Attributes
  • Type

    Non-ministerial government department

  • Mission

    Promoting competitive markets and tackling unfair behavior

  • Headquarters

    London, United Kingdom

  • Jurisdiction

    United Kingdom

  • Regional Offices

    Edinburgh, Belfast, Cardiff, Manchester, and Darlington

  • Chief Operating Officer

    Daniel Lambauer

  • Financial Performance Target

    Direct financial benefits to consumers of at least 10 times its relevant costs to the taxpayer

  • Executive Director for Mergers

    Joel Bamford

  • Executive Director for Digital Markets

    Will Hayter

Timeline
  • The UK Government's Department for Business, Innovation and Skills (BIS) announced proposals to merge the Office of Fair Trading and the Competition Commission. (Source: Wikipedia)

    2012-03-15

  • The Enterprise and Regulatory Reform Act 2013, which enacted the formation of the CMA, received royal assent. (Source: Wikipedia)

    2013-04-25

  • The CMA launched in shadow form. (Source: Wikipedia)

    2013-10-01

  • The CMA began operating fully, assuming functions of the abolished Competition Commission and Office of Fair Trading. (Source: Wikipedia)

    2014-04-01

  • The CMA was criticized by the All-In podcast for its 15-month delay and novel antitrust theory regarding the Adobe-Figma acquisition. (Source: Document 28121141-2767-4e7a-8206-a64e02347ba7)

    2023-12-01

  • The CMA took on new digital markets regulation responsibilities under the Digital Markets, Competition and Consumers Act 2024. (Source: Wikipedia)

    2024-11-01

Competition and Markets Authority

The Competition and Markets Authority (CMA) is the principal competition regulator in the United Kingdom. It is a non-ministerial government department in the United Kingdom, responsible for promoting competitive markets and tackling unfair behaviour. The CMA launched in shadow form on 1 October 2013 and began operating fully on 1 April 2014, when it assumed many of the functions of the previously existing Competition Commission and Office of Fair Trading, which were abolished. The CMA also has consumer protection responsibilities and took on new digital markets regulation responsibilities in late 2024 under the Digital Markets, Competition and Consumers Act 2024. The CMA alongside the European Commission, the United States Department of Justice and the Federal Trade Commission, is a globally important antitrust agency.

Web Search Results
  • Competition and Markets Authority - Wikipedia

    The Competition and Markets Authority (CMA) is the principal competition regulator in the United Kingdom. It is a non-ministerial government department in the United Kingdom, responsible for promoting competitive markets and tackling unfair behaviour. The CMA launched in shadow form on 1 October 2013 and began operating fully on 1 April 2014, when it assumed many of the functions of the previously existing Competition Commission and Office of Fair Trading, which were abolished. The CMA also has [...] On 15 March 2012, the UK Government's Department for Business, Innovation and Skills (BIS) announced proposals for strengthening competition in the UK by merging the Office of Fair Trading and the Competition Commission "Competition Commission (United Kingdom)") to create a new single Competition and Markets Authority (CMA). The formation of the CMA was enacted in Part 3 of the Enterprise and Regulatory Reform Act 2013, which received royal assent on 25 April 2013. [...] The CMA alongside the European Commission, the United States Department of Justice and the Federal Trade Commission, is a globally important antitrust agency. ## History [edit]

  • About us - Competition and Markets Authority - GOV.UK

    The Competition and Markets Authority (CMA) is an independent non-ministerial department. Our work is overseen by a Board, and led by the Chief Executive and senior team. Decisions in some investigations are made by independent members of a CMA panel. ## Our annual plan Every year we publish our annual plan, which outlines the priorities that guide our work. Read our 2025 to 2026 annual plan ## Tell us about competition problems or issues [...] The CMA’s Equality, Diversity and Inclusion Strategy is a key priority for the organisation. We are determined to promote equal opportunities and we acknowledge the diversity of staff who work within the organisation, and the consumers and other stakeholders that are part of the wider community we work with. [...] We help people, businesses and the UK economy by promoting competitive markets and tackling unfair behaviour. We have staff in London, Edinburgh, Belfast, Cardiff, Manchester and Darlington. ## Competition that works for people, businesses and the whole UK economy

  • [PDF] Competition and Markets Authority - GOV.UK

    COMPETITION AND MARKETS AUTHORITY Performance Management Framework JANUARY 2014 Competition and Markets Authority The CMA, as a non-ministerial Department, has the freedom that status confers to prioritise its resources and its activity. It has full operational freedom to make case decisions independently in line with the legal framework and with internationally agreed good practice. This document sets out the performance the Government expects from the CMA. It also describes how the CMA will [...] consistently to be one of the leading competition and consumer agencies in the world. The Government expects the CMA to have a beneficial impact on consumers, on business behaviour and on productivity and growth in the economy, and to make robust decisions and implement effective and proportionate remedies. The CMA will report annually on:  the delivery of a target of direct financial benefits to consumers of at least ten times its relevant costs to the taxpayer (measured over a rolling three [...] fulfil the performance reporting requirements of the Enterprise and Regulatory Reform Act 2013. The CMA Board is accountable for the success of the CMA as a whole and the delivery of the objectives set out in this document. The CMA’s Chief Executive is the Accounting Officer for the CMA and is accountable to Parliament for its use of public money. The CMA’s Mission The CMA’s mission is to make markets work well in the interests of consumers, businesses and the economy. Its overall ambition is

  • Competition and Markets Authority - GOV.UK

    Get emails ## What we do We help people, businesses and the UK economy by promoting competitive markets and tackling unfair behaviour. CMA is a non-ministerial department. Read more about what we do ### Follow us The following links open in a new tab [...] # Competition and Markets Authority Find a CMA case Report a problem to the CMA Find a CMA consultation Find information and guidance about mergers Find guidance about consumer law ## Featured — Guidance ### Help for consumers Information on your rights, what to do if things go wrong, and how to tell the Competition and Markets Authority (CMA) about consumer problems. — Guidance ### Guidance for businesses [...] Non-Executive Director Cyrus Mehta Non-Executive Director Joel Bamford Executive Director for Mergers, Office for the Internal Market and Subsidy Advice Unit Will Hayter Executive Director for Digital Markets Daniel Lambauer Chief Operating Officer Juliette Enser Executive Director for Competition Enforcement Jessica Lennard Chief Strategy & External Affairs Officer Chris Prevett General Counsel Dr Karen Croxson Chief Data, Technology and Insight Officer ## Contact CMA

  • Competition and Markets Authority cases and projects - GOV.UK

    - [x] Building and construction - [x] Chemicals - [x] Clothing, footwear and fashion - [x] Communications - [x] Defence - [x] Digital markets - [x] Distribution and service industries - [x] Education and training - [x] Electronics - [x] Energy - [x] Engineering - [x] Financial services - [x] Fire, police and security - [x] Food manufacturing - [x] Giftware, jewellery and tableware - [x] Healthcare and medical equipment [...] You have rejected additional cookies. You can change your cookie settings at any time. Accept additional cookies Reject additional cookiesView cookies Hide cookie message Skip to main content , Office for the Internal Market (OIM) and Subsidy Advice Unit (SAU). Report a problem to the CMA Search Competition and Markets Authority cases and projects Search Filter results Skip to results Filter ### 2,507 cases ### Case type Case type - [x] CA98 and civil cartels [...] - [x] Household goods, furniture and furnishings - [x] Mineral extraction, mining and quarrying - [x] Motor industry - [x] Not applicable - [x] Oil and gas refining and petrochemicals - [x] Paper printing and packaging - [x] Pharmaceuticals - [x] Public markets - [x] Recreation and leisure - [x] Retail and wholesale - [x] Telecommunications - [x] Textiles - [x] Transport - [x] Utilities ### Outcome Outcome - [x] CA98 - administrative priorities