EU-UK agree on new framework for competition cooperation

Ursula von der Leyen President of the European Commission European Commission
Ursula von der Leyen President of the European Commission - European Commission
0Comments

The European Commission has adopted proposals for Council decisions to sign and conclude the EU-UK Competition Cooperation Agreement. This agreement establishes a framework for cooperation on competition matters between the Commission, EU Member States’ competition authorities, and the UK’s Competition and Markets Authority in enforcing EU competition rules.

The agreement outlines that significant antitrust and merger investigations will be communicated to each party. It allows for coordinated investigations across jurisdictions when necessary, involving either the Commission or Member State competition authorities on the EU side, depending on the case. Clear principles of cooperation are set to avoid jurisdictional conflicts. For exchanging confidential information, consent from the company providing it remains necessary.

This Competition Cooperation Agreement is a ‘supplementing agreement’ to the existing EU-UK Trade and Cooperation Agreement, which already provides for competition cooperation and coordination.

The agreement will take effect once both the EU and UK complete their ratification procedures. The next step involves inviting the Council to adopt a decision to formally sign this agreement. Following this, another decision by the Council is needed to conclude it, requiring European Parliament’s consent as well. This conclusion decision will finalize the EU interinstitutional process.

This development follows a June 2023 Council Decision authorizing negotiations with the UK. By October 2024, both parties had completed technical-level negotiations on this cooperation agreement.

Lea Zuber serves as spokesperson for further inquiries at +32 2 29 56298 or via email at [email protected]. Press Officer Sara Simonini can also be contacted at +32 2 29 83367 or [email protected].



Leave a Reply

Your email address will not be published. Required fields are marked *

Related

Ursula von der Leyen President of the European Commission European Commission

EU officials urge Israel not to restrict NGO operations delivering Gaza humanitarian aid

The humanitarian situation in Gaza is deteriorating as winter brings heavy rain and cold temperatures, leaving many Palestinians without adequate shelter.

Ursula von der Leyen President of the European Commission European Commission

Commission investigates Czech plans for new Dukovany nuclear units under State aid rules

The European Commission has launched an in-depth investigation to determine if the public support planned by Czechia for two new nuclear units at Dukovany aligns with EU State aid regulations.

Ursula von der Leyen President of the European Commission European Commission

European Commission approves €61 million Belgian rescue loan for Lineas Group

The European Commission has approved a €61 million rescue loan from Belgium to Lineas Group SA/NV, the largest privately-owned rail freight operator in Europe.

Trending

The Weekly Newsletter

Sign-up for the Weekly Newsletter from Euro Herald News.