Competitive Neutrality

Treasury written question – answered am ar 12 Hydref 2006.

Danfonwch hysbysiad imi am ddadleuon fel hyn

Photo of Vincent Cable Vincent Cable Shadow Chancellor of the Exchequer, Liberal Democrat Spokesperson (Treasury)

To ask the Chancellor of the Exchequer what steps the Government are taking to develop a comprehensive policy framework on competitive neutrality.

Photo of John Healey John Healey The Financial Secretary to the Treasury

The Government believes in open and fair competitive markets. To help deliver that it has reformed the competition framework through the Competition Act 1998 and the Enterprise Act 2002. These Acts made significant improvements to the competition framework including making the Competition Commission and the Office of Fair Trading independent, introducing criminal sanctions for dishonest involvement in serious, organised cartels, and giving the OFT a proactive role to investigate any markets it considers may not be working well for consumers, but where competition or consumer regulation enforcement action dc not appear, immediately, to be the appropriate response.

Does this answer the above question?

Yes1 person thinks so

No0 people think not

Would you like to ask a question like this yourself? Use our Freedom of Information site.