Planned privatisation would grant new owner monopoly on commercially valuable data with no incentive to improve access, warns CMA
The competition watchdog has objected to government plans to privatise the Land Registry, warning that allowing a private firm to take possession of property ownership information could cause problems for other businesses.
The Competition & Markets Authority (CMA) said selling off the organisation that keeps the official record of commercial and residential land ownership in England and Wales would give the new owner a monopoly on commercially valuable data with no incentive to improve access to it.
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