CMA
n. countablen. Stands for Competition and Markets Authority. A government group in the UK that makes sure businesses treat customers fairly and do not stop other companies from competing.
n. Abbreviation for Competition and Markets Authority. The non-ministerial government department in the United Kingdom responsible for strengthening business competition and preventing anti-competitive activities.
The CMA blocked the merger to protect consumers.
After a lengthy investigation, the CMA ruled that the supermarket's pricing strategy was unfair to local shoppers.
The CMA has the power to impose significant fines on corporations that engage in price-fixing or other behaviors that stifle healthy market competition.
Usually functions as a proper noun; typically preceded by 'the' when referring to the specific UK authority.