CMA Revokes Nine Legacy Market Remedies Including Payday Lending and PPI Orders in Strategic Review Final Decision

On 4 November 2026, the Competition and Markets Authority (CMA) published its final decision in its strategic review of markets remedies, revoking nine orders that had been in force for decades across multiple consumer-facing sectors. The orders removed include the Payday Lending Market Investigation Order 2015, the Payment Protection Insurance (PPI) Market Investigation Order 2011 (as varied in 2018), the Statutory Audit Services Order 2014, the Store Card Market Investigation Order 2006 (as varied in 2011), the Supply of Extended Warranties on Domestic Electrical Goods Order 2005, the Supply of New Cars Order 2000, two Foreign Package Holidays orders from 2000 and 2001, and a Restriction on Agreements and Conduct (Tour Operators) Order from 1987. The revocations are consolidated into the Strategic Markets Review Revocation Order 2026, which came into force on the date of publication. The CMA launched this strategic review in January 2026, covering 33 remedies made between 1987 and 2017 under either the Fair Trading Act 1973 or the Enterprise Act 2002. Following a provisional decision in August 2026, the CMA received five responses and made no modifications before confirming the final decision. The CMA determined that, in each case, a change of circumstances had taken place rendering the original remedy no longer appropriate. The payday lending order had required online lenders to publish product details on FCA-authorised price comparison websites and to give customers borrowing summaries, obligations the CMA concluded were overtaken by subsequent market and regulatory developments. The PPI order similarly addressed a market the CMA judged had materially changed since the original investigation. The statutory audit order is also among those removed.

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