House of Lord Report published today explores the implications of Brexit for competition law and state aid control in the UK

The House of Lords Report published today explores the implications of Brexit for competition law and state aid control in the UK, In particular as no domestic framework exists in the UK for State aid, as EU law is applied directly and enforced by the Commission many and difficult regulatory and policy choices are required. Professor Andrea Biondi has submitted evidence often quoted in the Report to explain what the possible options could be available. He argued that whatever the outcome of the Brexit process, the UK would need a domestic authority to "provide reassurance that public spending will be transparent, fair and not distort the market."

Please see here to read the full report.