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Jurisdiction(s):
United Kingdom
Key definition
Competition and Markets Authority definition

What does Competition and Markets Authority mean? In legal practice, the Competition and Markets authority (cma) is the UK competition regulator for merger control, antitrust enforcement and market studies, and it enforces certain consumer protection laws. It is a statutory body created by the Enterprise and Regulatory Reform Act 2013; from 1 April 2014 it assumed the functions of the Competition Commission and the competition and specified consumer functions of the office of fair trading. Its principal powers arise under the Competition Act 1998 and the Enterprise Act 2002, with enhanced consumer and digital markets powers under the Digital Markets, Competition and Consumers Act...

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Competition Appeal Tribunal upholds CMA 'object' infringement for single-meeting pricing information exchange under Chapter I/Article 101; Balmoral's appeal and penalty challenge dismissed in galvanised steel tanks case

Practice notes
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CASE HUB (NOTE—appeal lodged before the Court of Appeal by Balmoral against the CAT’s judgment in Balmoral Tanks Limited & Anr v Competition and Markets Authority (C3/2017/3539)) ARCHIVED –this archived case hub reflects the position at the date of the judgment of 6 October 2017; it is no longer maintained. See further, timeline, commentary and related cases.

Case facts

Appeal by Balmoral Tanks Limited and Balmoral Group Holdings Limited contesting the CMA’s decision concerning a cartel in the market for galvanised steel water storage tanks.

Latest development

On 6 October 2017, the CAT delivered its judgment and dismissed the appeal.

Parties

  • Balmoral Tanks Limited (Balmoral) and its parent, Balmoral Group Holdings Limited
  • Competition and Markets Authority

The CMA’s investigation

The CMA opened its investigation on 27 November 2012. It also pursued a criminal prosecution under the criminal cartel offence. Nigel Snee, the former Managing Director of Franklin Hodge, pleaded guilty to dishonestly agreeing with others to fix prices, allocate customers and rig bids between 2005 and 2012. On 14 September 2015, he was sentenced to six months’ imprisonment, suspended for 12 months, together with 120 hours of community service...

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Web page updated on 21/05/2026

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