No Result
View All Result
  • About us
  • Contact us
  • Privacy Policy
  • Terms & Conditions
Smart Investment Today
  • News
  • Economy
  • Editor’s Pick
  • Investing
  • Stock
  • News
  • Economy
  • Editor’s Pick
  • Investing
  • Stock
No Result
View All Result
Smart Investment Today
No Result
View All Result
Home Investing

Ex-Amazon boss Doug Gurr set to become permanent CMA chair

by
February 23, 2026
in Investing
0
Ex-Amazon boss Doug Gurr set to become permanent CMA chair
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

The government has named former Amazon executive Doug Gurr as its preferred candidate to become permanent chairman of the Competition and Markets Authority (CMA), cementing a leadership change designed to align the regulator more closely with its pro-growth agenda.

Peter Kyle confirmed that Gurr, who has held the role on an interim basis since January last year, will be put forward for a full five-year term, subject to a non-binding hearing by the Commons business and trade select committee.

Gurr, 61, replaced Marcus Bokkerink after the latter was removed amid pressure from the government to ensure regulators support economic growth and international investment. At the time, Rachel Reeves said the CMA needed leadership that shared the government’s “mission”.

Kyle said that over the past year Gurr had worked with CMA chief executive Sarah Cardell to improve the pace and predictability of merger investigations and to make the process more proportionate.

City sources said the move was widely expected, noting Gurr’s background in both corporate and public sector leadership. A former McKinsey partner, he served as Amazon’s UK country manager until 2020 and is currently director of the Natural History Museum and chairman of the Alan Turing Institute.

The appointment comes as the government consults on reforms aimed at speeding up merger clearances and overhauling the CMA’s decision-making structure. One proposal would replace the regulator’s independent merger panel with members of the CMA board, who are more directly accountable to parliament.

Supporters argue the changes will streamline reviews and provide greater certainty for businesses. Critics warn they could increase the risk of political influence over competition decisions.

In 2025, the CMA cleared 36 mergers and blocked none, the first year since 2017 without a prohibition. Six deals were approved subject to conditions, compared with seven in 2024 and 12 in 2023, according to data compiled by Simpson Thacher & Bartlett.

Antonio Bavasso, the law firm’s head of European antitrust, said the figures reflected the government’s shift towards a more growth-oriented regulatory stance.

Ministers have rejected claims that the new approach weakens oversight of major technology companies, insisting that the UK must remain both competitive and robust in its enforcement.

If confirmed, Gurr’s appointment would formalise a new chapter for the CMA as it navigates the balance between promoting investment and safeguarding competition in an increasingly technology-driven economy.

Read more:
Ex-Amazon boss Doug Gurr set to become permanent CMA chair

Previous Post

Trump’s new 15% tariff plan ‘will hit UK exporters and dent global growth’

Next Post

Lamborghini scraps electric supercar plans and doubles down on hybrids

Next Post
Lamborghini scraps electric supercar plans and doubles down on hybrids

Lamborghini scraps electric supercar plans and doubles down on hybrids

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    • Trending
    • Comments
    • Latest

    Gold Prices Rise as the Dollar Slowly Dies

    May 25, 2024

    Richard Murphy, The Bank of England, And MMT Confusion

    March 15, 2025

    We Can’t Fix International Organizations like the WTO. Abolish Them.

    March 15, 2025

    Free Markets Promote Peaceful Cooperation and Racial Harmony

    March 15, 2025

    Antebellum Federal Protections of Slavery

    0

    Ana-Maria Coaching Marks Milestone with New Book Release

    0

    New Bonded Warehouse Facilities Launched in Immingham

    0

    From Corporate Burnout to High-Performance Coach: Anna Mosley’s Inspiring Journey with ‘Eighty’

    0

    Antebellum Federal Protections of Slavery

    February 23, 2026
    Brompton shifts focus to China as US tariff turmoil dents confidence

    Brompton shifts focus to China as US tariff turmoil dents confidence

    February 23, 2026
    Lamborghini scraps electric supercar plans and doubles down on hybrids

    Lamborghini scraps electric supercar plans and doubles down on hybrids

    February 23, 2026
    Ex-Amazon boss Doug Gurr set to become permanent CMA chair

    Ex-Amazon boss Doug Gurr set to become permanent CMA chair

    February 23, 2026

    Recent News

    Antebellum Federal Protections of Slavery

    February 23, 2026
    Brompton shifts focus to China as US tariff turmoil dents confidence

    Brompton shifts focus to China as US tariff turmoil dents confidence

    February 23, 2026
    Lamborghini scraps electric supercar plans and doubles down on hybrids

    Lamborghini scraps electric supercar plans and doubles down on hybrids

    February 23, 2026
    Ex-Amazon boss Doug Gurr set to become permanent CMA chair

    Ex-Amazon boss Doug Gurr set to become permanent CMA chair

    February 23, 2026
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 smartinvestmenttoday.com | All Rights Reserved

    No Result
    View All Result
    • News
    • Economy
    • Editor’s Pick
    • Investing
    • Stock

    Copyright © 2025 smartinvestmenttoday.com | All Rights Reserved