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Monday, 12 October 2020 06:36

Competition and Markets Authority appoints interim chair

The Secretary of State for Business, Energy and Industrial Strategy Alok Sharma has appointed Jonathan Scott as interim chair of the Competition and Markets Authority (CMA), the UK body responsible for strengthening business competition and preventing and reducing anti-competitive activities.

Previously a senior independent member of the CMA board, Jonathan Scott will take on the role of chair while a recruitment round is carried out to find a permanent replacement for Rt Hon Lord Tyrie, who stepped down last month, as announced in June.

The primary role of the CMA is to make markets work well for consumers, businesses and the economy. It is responsible for carrying out investigations into mergers, markets and the regulated industries as well as enforcing competition and consumer law.

Scott was originally appointed a non-executive director of the board on 1 October 2016 and has served as chair of the Audit and Risk Assurance Committee.

His appointment as interim CMA chair took effect on 9 October - will occupy the role for a period of up to one year. A permanent chair will be recruited and announced in due course.

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