The House of Lords European Affairs Committee has published its Second Report of Session 2024–26, reporting the UK‑EU Agreement on Cooperation on the Application of their Respective Competition Laws for the special attention of the House. The report examines the agreement, which was laid before Parliament on 15 April 2026 under the Constitutional Reform and Governance Act 2010 (CRaG 2010), and explains that it establishes a formal framework for cooperation, notification, coordination and information sharing between the UK Competition and Markets Authority, the European Commission and EU member state competition authorities, building on commitments in the UK‑EU Trade and Cooperation Agreement. The Committee highlights that the agreement raises scrutiny‑relevant issues, including its standalone treaty status, safeguards on the use of shared information, the exclusion of the TCA dispute resolution mechanism, its application to the metropolitan UK, the ability for either party to terminate on 60 days’ notice, and the government’s confirmation that no new domestic legislation is required, leading the Committee to conclude that it merits the House’s special attention during the CRaG scrutiny period, which ends on 1 June 2026.