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The Brexit Deal; Shot in the Arm or Kick in the Teeth for the Pharma Sector? | Locke Lord LLP


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The UK Government and EU Commission trumpeted their last minute Brexit trade deal, struck at the end of December, as
comprehensive, the
biggest yet. Even allowing for the hyperbole of politicians, a closer inspection of the EU-UK Trade and Cooperation Agreement (
TCA) renders these statements illusory for the pharma sector.
In this article we summarise the extent to which the TCA really assists businesses in the sector to overcome the separation of the UK and the EU into two separate markets.
1. General Rules on Trade - Don’t mention the pharma ....

United Kingdom , Northern Ireland , Medicinal Products Working Group , Eu Commission , Committee On Technical Barriers To , United Kingdom Government , United Kingdom Trade , Cooperation Agreement , Intellectual Property , Supplementary Protection Certificates , Pharma Annex , Trade Specialised Committee , Technical Barriers , Medical Devices Act , ஒன்றுபட்டது கிஂக்டம் , வடக்கு ஐயர்ல்யாஂட் , மருத்துவ ப்ராடக்ட்ஸ் வேலை குழு , யூ தரகு , குழு ஆன் தொழில்நுட்ப தடைகள் க்கு , ஒன்றுபட்டது கிஂக்டம் அரசு , ஒன்றுபட்டது கிஂக்டம் வர்த்தகம் , அறிவுசார் ப்ராபர்டீ , துணை ப்ரொடெக்ஶந் சிஇஆர்டிஐஎஃப்ஐசிஏடிஇஎஸ் , பார்மா இணைப்பு , வர்த்தகம் சிறப்பு குழு , தொழில்நுட்ப தடைகள் ,

EU-UK Antitrust Enforcement and Cooperation | Skadden, Arps, Slate, Meagher & Flom LLP


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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 UK competition authorities to cooperate and share information. The post-Brexit regime therefore changes little except the likelihood of parallel inquiries in matters impacting both the UK and EU. The UK Competition and Markets Authority (CMA) has gained jurisdiction over mergers that had previously been exclusively reviewed by the EU and can investigate anticompetitive behav ....

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United Kingdom: Impact of the EU-UK Trade Cooperation Agreement and Northern Ireland Protocol on life sciences


United Kingdom: Impact of the EU-UK Trade Cooperation Agreement and Northern Ireland Protocol on life sciences
Following four and a half years of often acrimonious negotiations and numerous build ups to a no-deal situation, the EU-UK TCA represents a positive step. While the deal is relatively thin and offers only discrete regulatory reciprocity, overall the TCA is a welcome development in the face of apparent near- political failure to agree on a way forward between the two sides. The life sciences sector has been preparing for no-deal amidst the global coronavirus (COVID-19) pandemic, throughout 2020, and having a deal, however slim, is positive for the sector in providing more fertile political ground for future harmonisation and cooperation. ....

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