The EU Commission and the UK Government agree on a Trade and Cooperation Agreement that has consequences on competition law post-Brexit

The UK officially left the European Union (EU) at 11:00 pm on 31 January 2020. However, as part of the Withdrawal Agreement with the EU to help the UK transition away from EU membership, EU law continued to apply to the UK as if it were still a Member State until the end of 31 December 2020. On 24 December 2020, after months of intense negotiations, the EU and UK reached the Trade and Cooperation Agreement (TCA), which has applied as of 1 January 2021. From this time, the UK and EU became two distinct regulatory, legal and customs territories. Top considerations from 1 January 2021: Mergers, antitrust and state aid – Do EU competition laws still apply in the UK?: From 1 January 2021, EU law does not apply in the UK. The UK will be treated in the same way as a third country, like the

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  • Ashurst (London)
  • Ashurst (London)
  • Ashurst (London)
  • Ashurst (London)

Quotation

Yann Alix, Michael Burns, Antony Skinner, Justyna Bremen, The EU Commission and the UK Government agree on a Trade and Cooperation Agreement that has consequences on competition law post-Brexit, 31 December 2020, e-Competitions Cooperation between National Competition Authorities, Art. N° 99836

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