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ARTICLE · 20 FEBRUARY 2020

Brexit And Competition Law – The Way Forward

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On the 31 January 2020 ("Exit Day"), the UK officially withdrew from the European Union ("EU") which led to a plethora of questions ...

European UnionAntitrust/Competition Law
Mamo TCV Advocates
Mamo TCV Advocates
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On the 31 January 2020 ("Exit Day"), the UK officially withdrew from the European Union ("EU") which led to a plethora of questions about how certain areas of law, including competition law, will operate post Exit Day. This is particularly due to the presence of numerous cross-border transactions among the EU Member States. Despite the UK's withdrawal and it now being considered a third State, a transition period will apply until 31 December 2020 ("Transition Period") during which the functions of the Competition and Markets Authority ("CMA") – the UK's equivalent to Malta's Office for Competition – will not be affected.

What is competition law?

EU competition law comprises Articles 101 and 102 of the Treaty on the Functioning of the European Union, certain relevant EU regulations, and a slew of case law that has been decided by the Court of Justice of the EU that explain the applicability of such Articles. Article 101 prohibits the entering into

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