Lord Bradshaw – 2016 Parliamentary Question to the Department for Business, Energy and Industrial Strategy

The below Parliamentary question was asked by Lord Bradshaw on 2016-10-18.

To ask Her Majesty’s Government how much has been spent by the Competition and Markets Authority conducting investigations into the bus industry, including fees paid to consultants and legal fees, over the last 10 years.

Baroness Neville-Rolfe

The Competition and Markets Authority (CMA) was formed in 2014 after the Office of Fair Trading and the Competition Commission were merged. It has the function to carry out investigations into sectors where there is risk of anti-competitive behaviour.

Since its inception in 2014, the CMA has carried out five Phase 1 merger investigations into the bus industry. The estimated cost for these investigations was £308,229.55. The Government does not hold information on the cost of individual investigations undertaken by the Office of Fair Trading or the Competition Commission.