The UK's Competition and Markets Authority (CMA) is considering new approaches to speed up the approval of mergers and acquisitions while protecting consumer interests.

This comes after Prime Minister Keir Starmer's recent call for regulators to reduce bureaucratic obstacles to promote economic growth.

To improve its merger review process, the CMA is contemplating the use of a wider range of behavioral remedies.

This strategy aims to reduce the need for businesses to sell off parts of their operations while still addressing competition concerns.

The CMA's review suggests a potential change in regulatory practices, indicating a growing focus on facilitating business transactions in the UK market.