Competition
Part 2 of the Act makes amendments across the UK’s legislative framework regarding competition, set out in Part 1 of the Competition Act 1998, Parts 3, 4 and 6 of the Enterprise Act 2002 (concerning merger control, market studies and investigations, and the cartel offence respectively), and to a variety of other pieces of legislation in order to enhance the investigative and enforcement powers available for the purposes of the competition regime. The principal regulator responsible for the public enforcement of competition law is the Competition and Markets Authority (the CMA), which was established by the Enterprise and Regulatory Reform Act 2013, to replace the Office of Fair Trading and the Competition Commission.