EU-UK Antitrust Enforcement and Cooperation | Skadden, Arps, Slate, Meagher & Flom LLP
To embed, copy and paste the code into your website or blog: The Trade and Cooperation Agreement (TCA) governing post-Brexit trade relations between the UK and the EU includes provisions regulating EU-UK antitrust enforcement and cooperation effective 1 January 2021. Takeaways The TCA requires both the UK and the EU to control potentially trade-distorting subsidies. EU decisions are no longer binding on the UK. Anticompetitive Practices and Mergers. The TCA provides for a mutual commitment to police restrictive agreements, market power abuses and anticompetitive mergers, and empowers EU and U...
Source: jdsupra.com