Chair appointed to the new Competition and Markets Authority
The Business Secretary, Vince Cable has announced the appointment of Lord Currie as Chair Designate to the new Competition and Markets Authority (CMA).
Business Secretary Vince Cable said:
"I am delighted to appoint David Currie as Chair Designate to the Competition and Markets Authority. The creation of the Competition and Markets Authority marks a very significant step forward in the development of the UK’s competition regime, building on the excellent work of the Office of Fair Trading and the Competition Commission. David will bring a wealth of regulatory experience and leadership to this role which will ensure the future success of CMA, and in turn help to ensure that the UK continues to lead the world in effective competition enforcement.”
Chair Designate David Currie said:
“I am honoured and delighted to be asked to be the founding Chairman of the proposed Competition and Markets Authority. I look forward to working with the first rate staff of the Office of Trading and the Competition Commission to create a world class unitary competition authority which will best serve consumers and business.”
Lord Currie will take up his four year appointment during the summer.
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