“The coalition government was just six months old when it announced a ‘bonfire’ of 192 quangos, among them the Competition Commission and the Office of Fair Trading. Fast forward to 2013 and, albeit without much ministerial fanfare, the Competition and Markets Authority (CMA) has a CEO-designate, Alex Chisholm. He is preparing to lead a merged organisation set to be formally established on 1 October; the authority will assume full functions and powers in April 2014.”
Law Society’s Gazette, 3rd June 2013
Source: www.lawgazette.co.uk