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Written question asked by Liam Byrne (Labour) on Monday, 2 July 2018, in the House of Commons. It was due for an answer on Wednesday, 4 July 2018. It was answered by Andrew Griffiths (Conservative) on Monday, 9 July 2018 on behalf of the Department for Business, Energy and Industrial Strategy.


Trade

Question

To ask the Secretary of State for Business, Energy and Industrial Strategy, what assessment he has made of the implications for his policies of the recommendations of the report, Global Market Power and its Macroeconomic Implications, published by the IMF on 15 June, 2018; and whether he has plans to refer that report to the Competition and Markets Authority for review.

Answer

The research paper ‘Global Market Power and its Macroeconomic Implications’ is an IMF working paper. While the paper provides detailed analysis and reaches a number of conclusions, it makes no recommendations to national governments. The Competition and Markets Authority (CMA), the UK’s independent competition authority, is aware of the paper.


Secondary information

Type
Written question
Reference
159530
Session
2017-19
Subjects
Trade
Link
View this Written question on www.parliament.uk