On 10 September 2019 the UK Government published the text of a second Competition Brexit SI, the Competition (Amendment etc.)(EU Exit)(No2) Regulations 2019 (the new Regulations) which make a number of changes to the original Competition (Amendment etc.)(EU Exit) Regulation 2019 (the principal Regulations). The principal Regulations are discussed in an earlier blog post here. … Read more
Both candidates to be leader of the Conservative Party, and therefore to be UK Prime Minister, have vowed to renegotiate the Withdrawal Agreement and in particular the Protocol on Ireland/Northern Ireland. Meanwhile in Brussels, the EU-27 (meeting in Euro summit format) has just reiterated, again, that “the Withdrawal Agreement is not open for renegotiation”. In … Read more
In any negotiation, it is necessary not only to seek the best terms for oneself but also to ensure that the terms can be accepted by the other side – otherwise the negotiations will have failed. Of course, this is not easy when the other side has no coherent position on what it can accept … Read more
In light of the recent Brexit developments in the UK a no-deal Brexit is increasingly looking like a possibility. This will have very significant implications for parties involved in M&A transactions. This is because, without a deal, the EU merger control regime will immediately cease to apply in the UK. Transactions can therefore be caught … Read more