EU, Competition and Regulatory partners Helen Kelly and Kate
McKenna discuss Merger Control issues and their recommendations for
companies in advance of the Brexit deadline, in particular relating
to the UK Competition and Markets Authority and the possibility of
more merger control filing requirements.
The UK Competition and Markets Authority
("CMA") may 'call-in' large transactions under
review by the European Commission which have not been finally
determined by 'Brexit Day':
As the UK will no longer form part of the EU Commission's
'one-stop-shop' regime in a 'no deal' Brexit, if
the EU Commission has not issued a decision on a transaction by 29
March 2019, then the CMA could become an 'extra'
jurisdiction where a merger control filing requirement which was
not anticipated before 'Brexit Day' will arise.
