가장 중요한 조항은 당시까지 경쟁 당국이었던 공정거래청(OFT)과 경쟁위원회(CC)를 폐지하는 대신 새로운 경쟁 당국으로서 경쟁시장청(CMA)을 창설하는 것이었다.
The most important provision was the creation of the Competition and Markets Authority (CMA) as a new competition authority, rather than abolition of the Fair Trade Authority (OFT) and the Competition Commission (CC), which were the competition authorities.