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Version status: Partly in force | Document consolidation status: Updated to reflect all known changes
Version date: 24 May 2024 - onwards
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108 Recommendations to the CMA

(1) The FCA or OFCOM may make a recommendation to the CMA where they consider that the CMA should exercise a regulatory digital markets function in relation to an undertaking and a digital activity.

(2) A recommendation under subsection (1) must -

(a) describe the undertaking, the digital activity, and the regulatory digital markets function to which it relates, and

(b) be given to the CMA in writing.

(3) A recommendation under this section must be accompanied by a statement of reasons for the recommendation.

(4) Within the period of 90 days beginning with the day on which it receives a recommendation, the CMA must -

(a) give notice to the regulator that made the recommendation -

(i) setting out the action that the CMA has taken or intends to take in response to the recommendation, and

(ii) including the reasons for its decision, and

(b) publish a summary of the notice.

Comparing proposed amendment...