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06 Feb 2020

Brexit snapshot - Brexit and competition law issues

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The European Union (Withdrawal Agreement) Bill, which paved the way for the UK to leave the European Union (“EU”) with a deal on 31 January 2020, received royal assent on 23 January 2020 and became the European Union (Withdrawal Agreement) Act 2020 (“WAA”). The UK's exit from the EU was then approved by the European Parliament on 29 January 2020; and as of 11 p.m. on 31 January 2020, the UK exited the EU. A Transition Period now runs in effect as of 1 February 2020 until 31 December 2020.

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