The UK Competition Authority introduces a new subsidy advice unit which provides non-binding advice to authorities and replaces the former notification requirement
For many Britainophiles in the EU, the noise of the Brexiteers and their shouting about “world-beating Britain” during the last five years of the departure process have been hard to bear. However, the constant banging has also at times obscured the excellent work still being carried out by legal minds on the other side of the English Channel. This became clear during the British Government’s consultation process on the new “Subsidy Control Bill”. This bill is supposed to take on a pivotal role in post-Brexit relations. The “EU-UK Trade and Cooperation Agreement” (TCA) provides in Articles 363 et seq. that the UK shall establish an effective subsidy control system in which an independently operating authority shall play an appropriate role.
To find the article, re-published by e-Competition, Antitrust Case Laws e-Bulletin click here.