This article is the second in an ongoing series of blog posts by
Foley & Lardner LLP on the implications of the June 23, 2016
referendum decision in the United Kingdom ("UK") to exit
the European Union ("EU"). The
first blog post reviewed briefly developments leading to the
Brexit vote, the negotiating process that is now unfolding,
possible alternative/outcomes and the likely implications as the UK
resets its relationship with the EU. The first article reviewed
potential implications for competition policy/procedure suggesting
likely increased costs, complexity and uncertainty.
This post focuses on Brexit risks and uncertainty related to
standardization and innovation. As with the issues relating to
competition policy/procedure, questions on standardization and
innovation remain to be answered as the terms and timing of the UK
Brexit are played out and as businesses, governments and
individuals take their own actions – whether large or small,
intentional or