Competition

Department for Business, Energy and Industrial Strategy written question – answered on 2nd August 2019.

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Photo of Chuka Umunna Chuka Umunna Liberal Democrat, Streatham

To ask the Secretary of State for Business, Energy and Industrial Strategy, with reference to the Guidance on how to prepare for Brexit if there's no deal, published by the Department for Exiting the European Union, what parts of the plan for merger review and anti-competitive activity in the event of a no deal Brexit have been implemented.

Photo of Kelly Tolhurst Kelly Tolhurst Parliamentary Under-Secretary (Department for Business, Energy and Industrial Strategy)

In September 2018 the Government published the guidance, “Merger review and anti-competitive activity if there's no Brexit deal”. Since then, the Government has legislated for the necessary changes to UK law through the Competition (Amendment etc.) (EU Exit) Regulations 2019. These regulations were approved by Parliament in January. They ensure that in the event of the UK leaving the European Union without a deal, the UK domestic competition regime will continue to operate effectively to address anti-competitive activity and review merger activity. The Government is working closely with the Competition and Markets Authority as it prepares for the UK’s exit from the European Union.

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