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Competition & Regulatory Newsletter CMA makes Article 9 request to review Virgin and O2 merger On 8 October 2020 the UK's CMA published a request under Article 9 of the EU Merger Regulation, requesting that the European Commission refer a proposed joint venture between Liberty Global p...

Tax and the City Review for November 2020 Mike Lane and Zoe Andrews consider, inter alia, the decisions in Blackrock and Total; and the UK’s approach to the export of financial services to the EU after the end of the Brexit transition period. The FTT in Blackrock finds in favour of the tax...

Spring Budget 2021 Series - a view under the hood Emma Game comments on the UK’s March 2021 Budget, focussing on increased corporation tax rates, ongoing Brexit hangover and investment incentives. In contrast to the novel challenges that the economy has faced over the last year (and that the Chanc...

Henry's back... The release of Sue Gray’s update report on 31st January somewhat overshadowed the Prime Minister’s announcement of a Brexit Freedoms Bill, timed to coincide with the two-year anniversary of the UK’s withdrawal from the European Union. On exit day retaine...

A reprieve for EU-UK data flows but other data privacy implications remain Many will have breathed a sigh of relief when the news filtered through that the EU-UK Trade and Cooperation Agreement agreed on 24 December included a temporary solution for the continued free flow of personal data between the EU and the UK. This ‘bridg...

UK tax after IP completion day Although the UK left the EU at 11pm on 31 January 2020, most people would not have noticed any change because the effect of the transitional arrangements under the UK-EU Withdrawal Agreement deferred many of the legal effects of Brexit in UK law. The UK w...

What the deal means for financial services: No change for now The Brexit trade deal lays down the details of the future relationship between the UK and the EU. The main document is the UK-EU Trade and Cooperation Agreement (TCA) which (at the time of writing) is in force provisionally, with ratification to follow . ...

Timed out? On-shoring the EU’s COVID capital markets quick fixes Irrespective of COVID, the Brexit clock continues to tick down to 31 December 2020, the day the implementation period ends. On IP completion day, under the European Union (Withdrawal) Act 2018, the body of EU law then applicable will be converted into UK ...

Is London Calling (again) for the EU Copyright Directive? The EU Copyright Directive had appeared to be casualty of Brexit, but might now get a second wind. As Mayor of London, Boris Johnson was once asked how he listens to music, “Have you discovered this wonderful thing called YouTube? I am afraid I just dial...

UK-Japan trade agreement – what are the initial takeaways? In September, UK Trade Secretary Liz Truss confirmed an agreement with Toshimitsu Motegi, the Japanese Foreign Minister, in the UK’s first major post-Brexit trade deal – which could potentially impact British and Japanese companies when eventually impleme...