The Competition and Markets Authority (CMA) has published its final decision following a strategic review of market remedies. The review examined 33 remedies that the CMA considered might no longer be needed, including because new laws or regulations had superseded them.

After consulting on its provisional decision, the CMA confirmed that it will remove 23 remedies, partially remove two and retain six. The authority said remedies can improve competition, but compliance and monitoring require resources, so measures should be kept only where they remain appropriate and useful.

The CMA has not yet decided whether to partially remove two further remedies: the Retail Banking Market Investigation Order and the Private Motor Insurance Market Investigation Order. It is considering the consultation responses, which reflected a range of views, and said it expects to publish an update later this month.

The review forms part of the CMA’s effort to ensure market remedies continue to address the competition concerns for which they were introduced, while removing requirements that are no longer necessary.