LONDON: The UK’s parting of the ways from the European Union means that an obscure seven-year-old watchdog is about to gain massive new powers over corporate mergers.
Itself the product of a merger of two failing regulators, the Competition and Markets Authority, tucked away in London’s Canary Wharf financial district, has largely contented itself with a focus on domestic deals and competition studies into ultra local markets such as estate agents.
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