UK: the Competition Commission's statutory audit services market investigation

In the past couple of months the Competition Commission, as part of its statutory audit services market investigation, has published nine new working papers, including (all in pdf): Evidence on switching costs (and implications for barriers to entry), Liability, insurance and settlements, The suppliers of statutory audit services to large companies and Restrictions on entry or expansion. All of the working papers, including another on law and regulation published in April, are available here. In November this year the Commission expects to publish its provisional findings and, if required, possible remedies (a complete timetable is available here, pdf).