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 to be of value to scholars and practitioners of competition law and provides a useful guide to readers with limited understanding of competition rules.

Format: Paperback / softback
Length: 116 pages
Publication date: 09 January 2023
Publisher: Taylor & Francis Ltd

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 a more lenient approach.

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 examines the potential impact of Brexit on the enforcement of competition law in the UK, including the possibility of increased litigation and the need for new legal frameworks.

The regulation of mergers and acquisitions is another important area of focus in the book. It examines the potential changes in the regulatory framework for mergers and acquisitions, including the impact on competition law enforcement and the ability of companies to navigate the regulatory landscape. The author also explores the potential implications of Brexit on the global competition landscape, including the potential for new trade agreements and the emergence of new competitors.

Finally, the book delves into 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 potential changes in the definition of State aid, the criteria for determining whether aid is compatible with competition law, and the enforcement mechanisms. The author also explores the potential challenges and opportunities that may arise from the potential reorganization or restructuring of the State aid regime in the UK.

In conclusion, this comprehensive book provides a detailed 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 provides a detailed 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 the world over. By examining the impact of Brexit on five critical aspects of competition policy in the UK, the book sheds light on the intricate nuances of the country the world over. The author delves into the realm of legislation, institutions, cooperation, antitrust rules, private enforcement, mergers and acquisitions, and State aid or subsidy control rules, providing a holistic understanding of the complex web of implications that the country's departure from the EU has on the competition law landscape.

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

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 a more lenient approach.

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 examines the potential impact of Brexit on the enforcement of competition law in the UK, including the possibility of increased litigation and the need for new legal frameworks.

The regulation of mergers and acquisitions is another important area of focus in the book. It examines the potential changes in the regulatory framework for mergers and acquisitions, including the impact on competition law enforcement and the ability of companies to navigate the regulatory landscape. The author also explores the potential implications of Brexit on the global competition landscape, including the potential for new trade agreements and the emergence of new competitors.

Finally, the book delves into 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 potential changes in the definition of State aid, the criteria for determining whether aid is compatible with competition law, and the enforcement mechanisms. The author also explores the potential challenges and opportunities that may arise from the potential reorganization or restructuring of the State aid regime in the UK.

In conclusion, this comprehensive book provides a detailed 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 the world over. By examining the impact of Brexit on five critical aspects of competition policy in the UK, the book sheds light on the intricate nuances of the complex web of implications that the country's departure from the EU has on the competition law landscape. The author delves into the realm of legislation, institutions, cooperation, antitrust rules, private enforcement, mergers and acquisitions, and State aid or subsidy control rules, providing a holistic understanding of the complex web of implications that the country's departure from the EU has on the competition law landscape.

Weight: 453g
Dimension: 216 x 138 (mm)
ISBN-13: 9781032067483