The Office for the Internal Market (OIM) is that part of the Competition and Markets Authority (a non-ministerial department) responsible for overseeing the UK internal market. Its objective is to monitor the UK internal market by reporting every year and every 5 years on the functioning of the internal market to the Parliament of the United Kingdom and devolved parliaments,[1][2][3] and to conduct reviews and develop tools.[4]
Any nation or business within the UK can seek information from the office regarding the UK internal market principles of non-discrimination and mutual recognition.[5] The office can issue fines and it has been proposed that this should be £30,000 for single fixed penalties and £15,000 for a daily rate penalties.[6]
^"CMA: Office for the Internal Market launched to monitor UK internal market". Solicitors Journal. September 21, 2021.
^"The Office for the Internal Market – What is it". Carson Mcdowell. 26 October 2021.
^Powney, Mark (September 22, 2021). "Office for The Internal Market Opens for Business". BusinessNewsWales.
^"CMA consults on new internal market role". Mirage News. May 27, 2021.
^Shakesby, Chloe (September 21, 2021). "Government launches new Office for Internal Market to support post-Brexit operations". Bdaily News.
^"UK Government seeks views on new Office for Internal Market". Mirage News. June 16, 2021.
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