/ News / Legal Director Nicola Sharp explains to Lawyer Monthly how the Covid-19 pandemic has exposed the Competition and Markets Authority’s weaknesses.
Author: Nicola Sharp 1 July 2020
With the coronavirus pandemic sparking tens of thousands of complaints about business practices to the Competition and Markets Authority (CMA), Rahman Ravelli’s Nicola Sharp wrote a piece for Lawyer Monthly about the Authority’s shortcomings.
In her article, Nicola outlined why the CMA’s determined promises to take enforcement action against those found to have done wrong may not prove as reassuring as they may at first seem.
She points to the fact that the CMA chairman has announced he is quitting due to the “inherent limits’’ he faces in trying to introduce reforms. Nicola also highlights the CMA’s request for tough temporary powers to tackle pandemic-related wrongdoing being turned down by the Department for Business, Energy and Industrial Strategy – while its counterparts in other countries are being given such powers.
The full article featured on Lawyer Monthly and can be read here.
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Nicola is known for her fraud, civil recovery and business crime expertise, her experience of leading the largest financial disputes and multinational investigations and her skills in devising preventative measures and conducting internal investigations for corporates.
