07Dec
U.K. Competition & Markets Authority Publishes Important Brexit Guidance
In anticipation of the United Kingdom’s exit from the EU on December 31 (‘Brexit’), the Competition and Markets Authority (the ‘CMA’) published its guidance on the expected changes to U.K. competition law regime. The guidance does not cover the U.K.’s future relationship with the EU as it is outside of the remit of the CMA. Broadly speaking and as anticipated, the EU competition legislation (except the EU block exemptions) will no longer apply to the U.K. post Brexit, and there may be a...
By:
Akin Gump Strauss Hauer & Feld LLP
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