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answering dept short name	Business, Energy and Industrial Strategy
uin	140076

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registered interest

date

exactly:

or between:
and

answering body

answering dept id

answering dept short name

answering dept sort name

house id

legislature


pref label

question text

tabling member constituency

tabling member printed

uin

answer

is ministerial correction

date of answer

exactly:

or between:
and

answer text

answering member constituency

answering member printed

question first answered

answering member


label

tabling member


label

1278077

registered interest

date

19/01/2021

answering body

Department for Business, Energy and Industrial Strategy

answering dept id

201

answering dept short name

Business, Energy and Industrial Strategy

answering dept sort name

Business, Energy and Industrial Strategy

house id

legislature

25259

	pref label	House of Commons

question text

To ask the Secretary of State for Business, Energy and Industrial Strategy, pursuant to the Answer of 15 January 2021 to Question 132902, whether it is his Department's policy that pricing strategies are a matter for businesses that are in a dominant position.

tabling member constituency

Newcastle upon Tyne Central

tabling member printed

Chi Onwurah

uin

140076

answer

is ministerial correction

date of answer

27/01/2021

answer text

The Competition Act 1998 prohibits abuse of a dominant position – abusive behaviour can relate to pricing strategies, for example excessive pricing or setting artificially low prices to stifle competition. The Competition and Markets Authority is responsible for investigating individual and market-wide competition issues in the UK. The Government has ensured that the CMA has significant powers to investigate and act if it finds that companies are behaving anti-competitively in a market.

answering member constituency

Sutton and Cheam

answering member printed

Paul Scully

question first answered

27/01/2021 17:14:42

answering member

4414

	label	Biography information for Paul Scully

tabling member

4124

	label	Biography information for Chi Onwurah