Section 140A: Interpretation

Financial Services and Markets Act 2000 · 2000 c. 8View on legislation.gov.uk

Part 9A: Rules and Guidance — CHAPTER 4: Competition scrutiny

In this Chapter—

  • "the CMA" means the Competition and Markets Authority.

  • "market in the United Kingdom" includes—

    (a)so far as it operates in the United Kingdom or a part of the United Kingdom, any market which operates there and in another country or territory or in a part of another country or territory, and

    (b)any market which operates only in a part of the United Kingdom;

  • ...

  • "practices", in relation to each regulator, means practices adopted by that regulator in the exercise of functions under this Act;

  • "regulating provisions" means—

    (a)in relation to the FCA, any—

    (b)in relation to the PRA, any—

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

For the purposes of this Chapter, any reference to a feature of a market in the United Kingdom for goods or services is to be read as a reference to—

the structure of the market concerned or any aspect of that structure,
any conduct (whether or not in the market concerned) of one or more than one person who supplies or acquires goods or services in the market concerned, or
any conduct relating to the market concerned of customers of any person who supplies or acquires goods or services.

In subsection (3) "conduct" includes any failure to act (whether or not intentional) and any other unintentional conduct.

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