UK Antitrust Authority Issues Guidance On No-Deal Brexit

Law360 (January 28, 2019, 8:58 PM EST) -- The U.K.’s competition authority on Monday issued draft guidance about how the agency would be affected if the nation withdraws from the European Union without a negotiated deal, and laid out what happens to cases that are still open if it does.

The Competition and Markets Authority issued draft guidance for a so-called no-deal or hard Brexit, in which the U.K. exits the bloc without an agreement allowing for an implementation period and other measures to soften the blow from the move. In a statement, the CMA said it’s still the government’s “top priority” to strike a deal, but that it’s...

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