Regulation 25 Guidance on penalties

The CMA must prepare and publish guidance in relation to its enforcement functions under these Regulations.

The guidance must, in particular, include guidance about how the CMA proposes to exercise its discretion to determine the amount of a financial penalty in accordance with regulation 19.

The CMA must have regard to the guidance referred to in paragraph (2) when exercising its discretion to determine the amount of a financial penalty under regulation 19.

The CMA may revise its guidance and, where it does so, it must publish the revised guidance.

Before publishing guidance under paragraph (1) or revised guidance under paragraph (4), the CMA must consult such persons as it thinks fit.