SEPs are of growing importance to the UK economy. The IPO is committed to ensuring the current SEPs framework functions effectively to encourage innovation and promote competition.



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In the August 2022 response to its Call for Views, the IPO committed to continued assessment of the issues, including further analysis of the submitted evidence and additional evidence-gathering. It also committed to reporting its findings to Ministers in 2023. Since then, the IPO has launched a questionnaire for SMEs, small-cap and mid-cap businesses. It has engaged in other evidence-gathering activity, including commissioning research.

Published 27 February 2024