What is the role of the Competition and Markets Authority?

The Competition and Markets Authority (CMA) is a regulatory body that operates in Ohio and across the United States. Its role is to monitor and enforce competition and consumer protection laws in the market. It aims to ensure that businesses compete fairly and that consumers are not taken advantage of. The CMA makes sure that businesses do not use anticompetitive practices such as price fixing, limiting or preventing the supply of goods or services, allocating customers or distribution outlets or exchanging private company information. The CMA will investigate any complaints of businesses breaching the law, and if necessary, take enforcement action. This could include issuing a warning, fining businesses, or introducing orders to stop the illegal practice and even forcing firms to sell off parts of their business. The CMA can even prosecute companies that have breached the law in some cases. In addition to enforcement, the CMA also provides guidance to businesses about what the law requires and how to comply. The CMA plays a vital role in protecting competition and consumers in the commercial law sector in Ohio and across the country. It helps ensure that businesses compete fairly and that consumers are protected from unfair practices.

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What is the role of the Competition and Markets Authority?

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