“The consultation considers whether to replace the panel model for overseeing in-depth merger reviews with a committee model.”
The UK is rethinking how its Competition and Markets Authority oversees mergers, potentially replacing independent panels with committees. This sounds like bureaucratic minutiae, but it matters: the current panel model gives significant power to appointed experts, while committees concentrate decision-making. Post-Brexit, the CMA has been more aggressive than the EU on some tech mergers. The structure determines who decides.