57 Reports by the [CMA]

Competition

57  Reports by the [CMA]

(1)     If the [CMA] is of the opinion that the regulatory arrangements of an approved regulator (or any part of them) prevent, restrict or distort competition within the market for reserved legal services to any significant extent, or are likely to do so, the [CMA] may prepare a report to that effect.

(2)     A report under subsection (1)—

(a)     must state what, in the [CMA's] opinion, is the effect, or likely effect, on competition

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