Article from CP Cases.
The looming question on most manufacturing companies’ minds is will we have a deal or no-deal Brexit? The uncertainty around this topic has caused a lot of angst and panic; leaving a massive burden on the Government to get it right regarding industrial policy.
In this webinar we took a comprehensive look at the implications of Brexit for the broadcast and media industry – for both UK companies exporting goods and services to Europe and European/rest of world companies exporting to the UK.
Topics covered included internet protocol issues, cyber security issues and trademark and copyright issues as well as straight forward import and export issues.
The opinion of the CBI, informed by consultations with its members over the past 18 months, is that developing a future close relationship between UK and EU regulatory regimes is essential to make Brexit a success. It concludes that it is important that the UK is “…involved in the policy-making, monitoring and enforcement of rules that affect it. EU bodies provide a crucial venue for this to take place, as well as a way of UK industry to learn from best practice across borders.”
I met with colleagues from the Electrotechnical Regulatory Group (ERG), Ian Blackman (CTO IIOM) and Dr Paul Goodman (RINA) at the offices of the IET at Savoy Place in London. The purpose was to meet up with Simon Johnson of DEFRA’s EU Exit team to discuss the progress on chemicals regulation after the UK leaves the EU, which we could then report back to the ERG meeting the following week.
At present, both UK and EU competition laws apply in the UK. However, this is set to change when Brexit takes effect on 29 March 2019. Assuming – as seems most likely – that the UK leaves common market entirely, this article considers how Brexit will affect competition law enforcement in the UK and the implications for UK businesses. [bctt tweet="Assuming – as seems most likely – that the UK leaves common market entirely, this article considers how Brexit will affect competition law enforcement in the UK and the implications for UK businesses - Competition law in post-Brexit Britain"] Merger control Post-Brexit, the EU Merger Regulation – with its “one-stop-shop” system of merger review – will no longer apply in the UK. As a result, large-scale mergers that previously only had to be notified to the European Commission will probably also have to be notified to the UK’s Competition and Markets Authority (CMA). This will almost certainly increase the caseload – and the complexity of the cases – being dealt with by the CMA. It could also increase the transaction costs for merging businesses. That said, the many similarities between the EU and UK merger review processes suggest that the...