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.
Monopolies and Mergers Commission. Sometimes the ambitions of business grow to the extent that mergers may control such a large part of a market that the general public is under threat from created monopolies. The MMC is a public body that advises the UK government whether business mergers constitute monopolies that could affect the wider public interest.
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