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418195
registered interest false more like this
date less than 2015-09-10more like thismore than 2015-09-10
answering body
Department for Business, Innovation and Skills more like this
answering dept id 26 more like this
answering dept short name Business, Innovation and Skills more like this
answering dept sort name Business, Innovation and Skills more like this
hansard heading Small Businesses: Competition more like this
house id 2 more like this
legislature
25277
pref label House of Lords remove filter
question text To ask Her Majesty’s Government what steps they have taken to support small businesses through changes to competition law. more like this
tabling member printed
Lord Taylor of Warwick more like this
uin HL2166 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2015-09-23more like thismore than 2015-09-23
answer text <p><strong> </strong></p><p> </p><p>Through the Enterprise and Regulatory Reform Act 2013 and the establishment of the Competition and Markets Authority, we have ensured that businesses of all sizes, including small businesses, benefit from a simpler competition regime designed to provide greater certainty and improve the speed of decisions.</p><p> </p><p> </p><p> </p><p>In addition, when our reforms of private actions for competition damages and the Competition Appeal Tribunal (CAT) rules come into force on 1 October they will assist small businesses who currently find it too costly to seek compensation for breaches of competition law. These include a cost-capped ‘fast track’ procedure to enable small businesses to challenge anti-competitive behaviour, and voluntary redress schemes to encourage faster, easier access to redress.</p><p> </p> more like this
answering member printed Baroness Neville-Rolfe more like this
question first answered
less than 2015-09-23T15:56:03.033Zmore like thismore than 2015-09-23T15:56:03.033Z
answering member
4284
label Biography information for Baroness Neville-Rolfe more like this
tabling member
1796
label Biography information for Lord Taylor of Warwick more like this