Brexit and Competition Law

This book provides a comprehensive analysis of the immediate and longer-term consequences of Brexit for the UK's competition law regime, including the competition and subsidy control provisions of the EU-UK Trade and Cooperation Agreement. It is written for scholars and practitioners of competition law and provides a useful guide for readers with limited understanding of competition rules.

\n Format: Hardback
\n Length: 116 pages
\n Publication date: 05 July 2021
\n Publisher: Taylor & Francis Ltd
\n

This comprehensive book delves into the profound and far-reaching consequences of Brexit on the UK's competition law regime, encompassing both the immediate and potential long-term impacts. It offers a detailed analysis of the competition and subsidy control provisions of the EU-UK Trade and Cooperation Agreement, providing a valuable resource for scholars and practitioners of competition law. Written with the dual purpose of serving as a scholarly exploration and a practical guide for those with limited knowledge of competition rules, the book sheds light on the intricate nuances of Brexit's effects on five critical aspects of competition policy in the UK: legislation, institutions, cooperation, antitrust rules, private enforcement, mergers and acquisitions, and State aid or subsidy control rules.

The author begins by examining the impact of Brexit on the legislative framework of competition law in the UK. They explore the potential changes in legislation, regulations, and policies that may arise as a result of the country's departure from the EU. The book also examines the role of institutions, such as the Competition and Markets Authority (CMA) and the Office of Fair Trade (OFT), in ensuring the effective implementation of competition law in the UK. It highlights the challenges and opportunities that may arise from the potential reorganization or restructuring of these institutions.

In the next chapter, the book delves into the realm of antitrust rules, which prohibit anti-competitive agreements and the abuse of a dominant position. It analyzes the implications of Brexit on the enforcement of these rules, including the potential impact on merger reviews and the ability of the CMA to investigate and prosecute cartels. The author also explores the potential changes in the approach to competition law enforcement, such as the use of new tools and techniques or the adoption of different legal standards.

Private enforcement, particularly actions for damages, is another critical aspect of competition law that is examined in detail. The book explores the potential changes in the landscape of private enforcement, including the availability of damages remedies, the enforcement mechanisms, and the role of competition law in shaping the behavior of companies. It also considers the potential impact of Brexit on the enforcement of international competition law agreements, such as the EU's antitrust rules.

The regulation of mergers and acquisitions is another area of focus in the book. It examines the potential changes in the regulatory framework, including the impact on the approval process, the criteria for approval, and the enforcement of competition law in mergers and acquisitions. The author also explores the potential implications of Brexit on the cross-border cooperation between competition authorities, such as the European Commission and the CMA.

Finally, the book addresses the State aid or subsidy control rules, which are designed to prevent unfair competition and ensure that public resources are used in a way that promotes economic growth. It analyzes the potential impact of Brexit on these rules, including the changes in the definition of State aid, the criteria for approval, and the enforcement mechanisms. The author also considers the potential implications of Brexit on the ability of the UK to participate in EU-wide competition law enforcement initiatives.

In conclusion, this book provides a comprehensive and insightful analysis of the immediate and likely longer-term consequences of Brexit on the UK's competition law regime. It offers valuable insights for scholars, practitioners, and policymakers alike
This comprehensive book delves into the profound and far-reaching consequences of Brexit on the UK's competition law regime, encompassing both the immediate and potential long-term impacts. It offers a detailed analysis of the competition and subsidy control provisions of the EU-UK Trade and Cooperation Agreement, providing a valuable resource for scholars and practitioners of competition law. Written with the dual purpose of serving as a scholarly exploration and a practical guide for those with limited knowledge of competition rules, the book sheds, sheds light on the intricate nuances of Brexit's effects on five critical aspects of competition policy in the UK: legislation, institutions, cooperation, antitrust rules, private enforcement, mergers and acquisitions, and State aid or subsidy control rules.

The author begins by examining the impact of Brexit on the legislative framework of competition law in the UK. They explore the potential changes in legislation, regulations, and policies that may arise as a result of the country's departure from the EU. The book also examines the role of institutions, such as the Competition and Markets Authority. Authority (CMA) and the Office of Fair Trade (OFT), in ensuring the effective implementation of competition law in the UK. It highlights the challenges and opportunities that may arise from the potential reorganization or restructuring of these institutions.

In the next chapter, the book delves into the realm of antitrust rules, which prohibit anti-competitive agreements and the abuse of a dominant position. It analyzes the implications of Brexit on the enforcement of these rules, including the potential impact on merger reviews and the ability of the CMA to investigate and prosecute cartels. The author also explores the potential changes in the approach to competition law enforcement, such as the use of new tools and techniques or the adoption of different legal standards.

Private enforcement, particularly actions for damages, is another critical aspect of competition law that is examined in detail. The book explores the potential changes in the landscape of private enforcement, including the availability of damages remedies, the enforcement mechanisms, and the role of competition law in shaping the behavior of companies. It also considers the potential impact of Brexit on the enforcement of international competition law agreements, such as the EU's antitrust rules.

The regulation of mergers and acquisitions is another area of focus in the book. It examines the potential changes in the regulatory framework, including the impact on the approval process, the criteria for approval, and the enforcement of competition law in mergers and acquisitions. The author also explores the potential implications of Brexit on the cross-border cooperation between competition authorities, such as the European Commission and the CMA.

Finally, the book addresses the State aid or subsidy control rules, which are designed to prevent unfair competition and ensure that public resources are used in a way that promotes economic growth. It analyzes the potential impact of Brexit on these rules, including the changes in the definition of State aid, the criteria for approval, and the enforcement mechanisms. The author also considers the potential implications of Brexit on the ability of the UK to participate in EU-wide competition law enforcement initiatives.

In conclusion, this book provides a comprehensive and insightful analysis of the immediate and likely longer-term consequences of Brexit on the UK's competition law regime. It offers valuable insights for scholars, practitioners, and policymakers seeking to understand the complex interplay.

\n Weight: 286g\n
Dimension: 144 x 223 x 16 (mm)\n
ISBN-13: 9781138477070\n \n