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UK competition regulator asserts global presence in annual report

Microsoft store in London
The CMA intervened in Microsoft’s takeover of Activision. Photo: Belinda Jiao/Getty Images

Ten years on from its formation, the CMA’s profile is higher than ever.

In the 10 years since its formation, the UK’s Competition and Markets Authority has delivered direct financial benefits totaling £20 billion ($25.6 billion), with broader economic value adding up to multiples of that figure.

That’s what the CMA says in its latest annual report. While the CMA has traditionally been seen as