Competition and Markets Authority

Competition and Markets Authority (CMA)
The Competition and Markets Authority (CMA) is a regulatory body in the UK responsible for ensuring that competition law is enforced to maintain market fairness, protect consumers, and enhance business innovation.
Office of Fair Trading (OFT)
The Office of Fair Trading (OFT) was a UK government department established in 1973 to enforce competition law and consumer protection regulations. It was abolished in 2014, and many of its functions were transferred to the Competition and Markets Authority (CMA).

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.