Council members
The Council is the CC’s strategic management board; it is led by the Chairman and currently consists of the Deputy Chairmen, the Chief Executive, and non-executive Council members. The Council meets at least six times a year to consider the plans and strategic direction of the CC and to develop policy. The Council reviews the proposed annual budget for the CC and monitors its financial performance.
The Council is also responsible for ensuring that there is a proper framework for the corporate governance of the CC and it reviews the CC’s performance, monitors its high-level risks and determines best practice across Inquiry Groups.
Additionally the Council has a statutory duty to publish general advice and information about the consideration by the CC of merger inquiries and market investigations and in relation to any matter connected with the exercise of its functions, including and publishing a statement of policy on penalties for non-provision of information.