DAVOS, Switzerland, Jan 22 (Reuters) -
Britain forced out the chair of its antitrust regulator
because he was not focused enough on the government's drive to
boost economic growth, finance minister Rachel Reeves said on
Wednesday.
Marcus Bokkerink was replaced late on Tuesday by the
former Amazon executive Doug Gurr on an interim basis, the
government said, adding that he would bring a wealth of
experience in tech.
Reeves demanded the Competition and Markets Authority
and other British regulators "tear down the barriers hindering
businesses and refocus their efforts on promoting growth" in a
meeting last week.
She said on Wednesday Bokkerink had
stepped down after recognising that the CMA needed to be
headed up by someone who shared the government's "strategic
direction".
"He recognised it was time for him to move on and make way
for somebody who does share the mission and the strategic
direction that this government are taking," she told a Bloomberg
event at the World Economic Forum's annual meeting in Davos.
In October, the CMA was singled out by Labour Prime Minister
Keir Starmer when he promised to scrap regulation that was
holding back growth.
The regulator said the following month that it would focus
on "truly problematic mergers" and rethink its approach to
remedies that could allow more deals to go ahead to support the
government's growth mission.
However, its new approach did not go far enough for the
government.
Business Secretary Jonathan Reynolds said on Tuesday:
"We want to see regulators including the CMA supercharging the
economy with pro-business decisions that will drive prosperity
and growth, putting more money in people's pockets."
Gurr's appointment comes after the CMA stepped up its
scrutiny of Big Tech by establishing its Digital Markets Unit.
The unit, which gained new powers this month, is tasked with
ensuring that the biggest tech companies, such as Amazon.com ( AMZN )
, Alphabet's Google, Meta Platforms ( META ),
Apple ( AAPL ) and Microsoft ( MSFT ), do not abuse their
dominant market positions.