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Version status: Omitted | Document consolidation status: Updated to reflect all known changes
Version date: 1 April 2015 - onwards
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234H. Power of FCA to make request to Competition and Markets Authority

Omitted from 1 April 2015

(1) The FCA may ask the Competition and Markets Authority (''the CMA'') to consider whether a feature, or combination of features, of a market in the United Kingdom for financial services may prevent, restrict or distort competition in connection with the supply or acquisition of any financial services in the United Kingdom or a part of the United Kingdom.

(1A) In a case where the feature or each of the features concerned is -

(a) any conduct (whether or not in the market concerned) of one or more than one person who supplies or acquires goods or services in the market concerned, or

(b) any conduct relating to the market concerned of customers of any person who supplies or acquires goods or services,

a request under subsection (1) may be made in relation to more than one market in the United Kingdom for financial services.

(2) The CMA must, within 90 days after the day on which it receives the request, publish a response stating how it proposes to deal with the request and in pa

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