The House of Lords EU Committee has published their report on Brexit: competition and State aid , that features extensive contributions from Oxera Consulting LLP on this important policy debate.
On 14 September 2017, Oxera submitted written evidence to the House of Lords Internal Market Sub-Committee to assist their deliberations by bringing to the debate the perspective of an economic practitioner. As such, we focused on the questions posed by the Committee on competition policy and state aid where we felt economics had the most to add. You can see the full list of the Committee’s questions and Oxera’s responses in the written evidence, which included the following:
- What should competition policy in the UK set out to achieve? What guiding principles should shape the UK’s approach to competition policy after Brexit?
- Post-Brexit, to what extent should the UK seek to maintain consistency with the EU on the interpretation of antitrust law? What opportunities might greater freedom in antitrust enforcement afford the UK?
- Will Brexit affect the UK’s status as a jurisdiction of choice for antitrust private damages actions?
If you would like to find out more, click here to read the full report from the House of Lords EU committee.