Monopolies and Mergers Commission (MMC)

Formal

Monopolies and Mergers Commission. In the UK, a public body responsible for determining whether a particular supplier, or group of suppliers constitute a monopoly and making appropriate recommendations to the government. Particularly in respect of proposed mergers where such control could affect the public interest, via exploitative pricing/supply.

Real-world Example

Two large UK supermarket chains propose a merger, and the deal is referred to the MMC (now succeeded by the Competition and Markets Authority) to assess whether it would reduce competition unfairly.