Part 1Digital Markets
Chapter 8Administration etc
Regulatory coordination and information sharing
108Recommendations to the CMA
(1)
The FCA or OFCOM may make a recommendation to the CMA where they consider that the CMA should exercise a regulatory digital markets function in relation to an undertaking and a digital activity.
(2)
A recommendation under subsection (1) must—
(a)
describe the undertaking, the digital activity, and the regulatory digital markets function to which it relates, and
(b)
be given to the CMA in writing.
(3)
A recommendation under this section must be accompanied by a statement of reasons for the recommendation.
(4)
Within the period of 90 days beginning with the day on which it receives a recommendation, the CMA must—
(a)
give notice to the regulator that made the recommendation—
(i)
setting out the action that the CMA has taken or intends to take in response to the recommendation, and
(ii)
including the reasons for its decision, and
(b)
publish a summary of the notice.