Part 1Digital Markets
Chapter 7Enforcement and appeals
Civil penalties
I191Statement of policy on penalties
1
2
The statement must include a statement about the considerations relevant to the determination of—
b
the nature and amount of any such penalty.
3
The CMA may revise its statement of policy and, where it does so, must publish the revised statement.
4
In preparing or revising its statement of policy the CMA must consult—
a
the Secretary of State, and
b
such other persons as the CMA considers appropriate.
5
A statement of policy, or revised statement, may not be published under this section without the approval of the Secretary of State.
6
Subsection (7) applies where the CMA proposes to impose a penalty on a person.
7
The CMA must have regard to the statement of policy most recently published under this section at the time of the act or omission giving rise to the penalty when deciding—
a
whether to impose the penalty, and
b
if so, the amount of the penalty.