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The UK Competition Authority drafts guidelines regarding its functions after Brexit

For decades the Competition and Markets Authority ("CMA") and its predecessor, the Office of Fair Trading ("OFT"), have worked in symbiosis with the European Commission ("Commission") on competition law enforcement and merger investigations. Following the UK’s decision to leave the EU and at the end of the Brexit transition period (set for 31 December 2020) this will change. Following earlier guidance on its role during the Brexit transition period, on 2 October 2020, the CMA published draft guidance ("Guidance") setting out the likely direction of its functions after the transition period, from 31 December 2020. This article summarizes the draft guidance, highlighting the key transition arrangements and beyond. It is important to note that the

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  • Bird & Bird (London)
  • Bird & Bird (London)

Quotation

Ariane Le Strat, Peter Willis, The UK Competition Authority drafts guidelines regarding its functions after Brexit, 2 October 2020, e-Competitions Preview, Art. N° 97935

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