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On Monday, Rachel Reeves pledged to change the law to restrict investigating investigations by monitoring competition in the United Kingdom, as part of her attempt to enhance corporate confidence and economic growth by alleviating business regulation.

The chancellor will say that she plans to update the two main tests that determine whether the authority of competition and markets should achieve a merger, according to government officials who have knowledge of its plans.

The move – which aims to make faster, faster and more suitable investigations – comes at a time when Reeves is preparing to transfer the organizers to Downing Street on Monday and unveiled a “radical action plan” to cut the red strip and help develop the economy.

One of the tests, known as “offer of supply”, allows CMA to investigate deals that may lead to control of a company that controls 25 percent of the supply of goods and services in the market.

The second “material influence” test can give the strength of the anti -monopoly organizer on the purchases of some interests in business, such as the big contribution, even if it is less than full control.

Officials said Reeves wanted to “tighten” and “reduce” the conditions in which deals were under CMA. The agency has been at the intersection of the government in recent months after complaints from business that it is very intervention and suffocates Britain’s attractiveness to investors.

The organizer – which The former president was expelled by the ministers In January – he already said it would reduce some integration consultations.

One of the officials said: “The adviser returns to the legislation to achieve this,” said one of the officials. “This includes tightening and restriction of mergers that CMA can review under the share of material effect tests and material effect.”

CEO of CMA Sarah Cardel said last month UK law gave her an unusually wide jurisdiction, according to international standards. She added that the agency will update how to explain and apply “the effect of materials” and “quota”, noting that the changes can provide more certainty on “whether we will review a specific deal or not.”

In January, the government installed former Amazon UK president Doug Gore as a temporary president, which gave him a Delegate to help attract “The absolute maximum is possible commercial investment.”

Shortly later CMA temporarily The American Express Global Travel was scanned in the United States with a value of $ 570 million for the CWT competitor, in an unusual reflection of a previous decision.

The two tests will be examined as part of a broader review by CMA in its approach to the integration operations, which was launched last week with evidence to be opened until May.

CMA said in a statement that it “continues to work closely with the government to ensure that the UK’s combat system is effective and proportional.”

The monitoring, including the Financial Behavior Authority and the Self -Organization Authority, was called to Downing Street on Monday to discuss the advisor’s plans.

Before the meeting, Reeves said that the measures – including the commitment to reduce the administrative cost of the organization by 25 percent – will “freedom of companies from the regulation of the organization.”

Under the action plan, FCA will issue more potential approvals notifications to help finance startups, and the organizer of community interest companies will be folded at the companies ’home to reduce the overlapping requirements.

The Treasury said that the review of the service of the Secretary of the Financial Grievances, which is now underway, will seek to reduce its freedom to explain the rules when separating consumer complaints that were not resolved around the sector in order to prevent him from working “almost organized”.

Meanwhile, the Civil Aviation Authority, the aviation organizer, will clarify at least two large experiences of drones in the coming months.

REEVES also aims to simplify the goals granted to financial organizers by reducing additional targets of more than 25 years and that they should have “observance”-which monitors the region has asked the treasury to address it.

She said that the cabinet ministers would ask them to propose more than 130 organizers that could be canceled by this summer, after the regulator of the payment systems was destroyed last week.