The Competition and Markets Authority (CMA) has published a response to the consultation regarding the Smart Data scheme for the UK telecoms market. This response highlights key insights and lessons learned from the CMA's previous work on smart data initiatives, particularly focusing on the implementation of Open Banking.

The CMA's findings are expected to be relevant not only to the telecoms sector but also to other smart data schemes. The authority emphasizes the importance of effective data sharing and consumer empowerment in enhancing competition and innovation within the market.

For further inquiries regarding the CMA's response, stakeholders are encouraged to reach out to the CMA advocacy team via email.