The effect of Brexit on UK competition law in a deal or no-deal scenario
The effect of Brexit on UK competition law in a deal or no-deal scenario

The following Competition guidance note provides comprehensive and up to date legal information covering:

  • The effect of Brexit on UK competition law in a deal or no-deal scenario
  • The current situation
  • UK competition law under a deal based scenario—the Withdrawal Agreement
  • UK competition law under a no-deal based Brexit scenario

On 23 June 2016, the United Kingdom held an advisory referendum on its membership of the EU, with a small majority of those voting (and allowed to vote) being in favour of the UK leaving the EU (this option has become known as Brexit).

On 25 November 2018, the UK government published the text of the EU/UK Withdrawal Agreement (Withdrawal Agreement), which is intended to govern the UK’s orderly withdrawal from the EU as well as the UK’s relationship with the EU until such time as a new treaty is put in place. On 14 November 2018, the Commission published an Outline Political Declaration on the Future Relationship, which set out the broad framework for a potential trading relationship between the EU and UK.

A Withdrawal Agreement was approved by the 27 EU Member States and the UK government on 25 November 2018. However, before it can enter into force, it must be ratified by the UK Parliament. On 15 January 2019, Parliament rejected the proposed Withdrawal Agreement. Parliament rejected the proposed Withdrawal Agreement again on 12 March 2019 and for a third time on 29 March 2019. If a Withdrawal Agreement fails to be ratified, the UK will leave the EU without any deal on the terms of its departure.

On 30 October 2018, the UK government published a draft SI amending current