The potential implications for UK competition law
The implications of the UK vote to leave the EU, or 'Brexit', will be largely dependent upon the outcome of the exit negotiations following Britain's notice to leave. At one end of the spectrum, Britain may elect to join the European Free Trade Association (EFTA), as a signatory to the European Economic Area ('EEA') agreement, which replicates EU rules on competition law. In these circumstances, it is likely that competition law in the UK would remain broadly identical following Brexit (the 'EFTA Scenario').
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