The end of the Brexit transition period on 31 December 2020 is likely to be a watershed in UK competition law. There will be some immediate changes including:
- UK competition law becoming untethered from the EU;
- increased enforcement activity by the Competition and Markets Authority (CMA) in the mergers field;
- increased CMA-initiated conduct investigations, especially in the digital space; and
- the CMA having an increased role in international cooperation between competition agencies around the world.
Over time, a degree of divergence between UK and EU competition law is also likely.
Other initiatives such as the Furman report on Unlocking Digital Competition and the current Penrose review of UK competition law may result in further changes to UK competition law.
For more information see Beyond Brexit transition - the CMA's role post-Brexit