News & Analysis as of September 18, 2024

European Commission

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The European Union is an economic and political partnership comprised of 27 nations within the Eurozone. The EU was established in 1948 to promote stability and cooperation among member states in the aftermath of WWII. The EU maintains a common currency as well as several intranational institutions, including the European Parliament and the European Commission. less -

EU and Euratom to Withdraw From the Energy Charter Treaty: The End of an Era?

Latham & Watkins LLP on 5/31/2024

The EU and Euratom will withdraw from the Energy Charter Treaty with Member States to support modernisation in the future. The European Council has adopted four decisions, confirming that the EU and Euratom will leave the...more

The Privacy Impact of the New Brexit Deal

Wilson Sonsini Goodrich & Rosati on 12/31/2020

On December 24, 2020, the European Commission (EC) and UK government announced the long-awaited EU-UK Trade and Cooperation Agreement (the Brexit Agreement), which sets out the future relations between the EU and the UK. If...more

Speed Dating in the UK? Negotiating New Data Protection Relationships with the EU

Rothwell, Figg, Ernst & Manbeck, P.C. on 10/28/2020

With all that has happened this year, most of us can’t wait until 2020 is in the rear view mirror. The end of 2020, however, marks the end of the transition period provided, post-Brexit, to allow time for UK businesses and...more

Brexit’s Back, Alright… (With sincere apologies to the Backstreet Boys)

BCLP on 10/12/2020

After three years of dominating the news (in the UK at least), Brexit has been extremely quiet for much of the year. This is hardly a surprise given that we have been in the thick of a global pandemic that has changed so much...more

European Commission Takes First Step to Formally Open Negotiations With UK on Future Relationship

A&O Shearman on 2/20/2020

The European Commission has published a Recommendation for a Decision by the Council of the European Union authorizing the opening of negotiations for a trade deal between the U.K. and the EU...more

Planning for Merger Reviews and Antitrust Investigations Under the Brexit Withdrawal Agreement

Skadden, Arps, Slate, Meagher & Flom LLP on 2/13/2020

The U.K. Competition and Markets Authority (CMA) has published “Guidance on the Functions of the CMA Under the Withdrawal Agreement” (Guidance), which sets out the regulator’s approach to merger and competition cases during...more

REMINDER: Brexit Effects on Privacy Shield

Mintz - Privacy & Cybersecurity Viewpoints on 2/3/2020

Now that the United Kingdom has officially withdrawn from the European Union as of January 31, you should look at your transfers of personal data in light of Brexit. Under the Withdrawal Agreement between the UK and the EU,...more

Changing Roles: the CMA during the Transition Period and beyond

White & Case LLP on 2/1/2020

As the UK departs the European Union, the CMA – the UK competition regulator – is facing a transformation in its mandate. White & Case considers how the CMA will approach its workload during and after the Transition Period...more

Deal Planning After Brexit - Merger Control Aspects

Latham & Watkins LLP on 1/29/2020

What does the UK’s exit from the EU on 31 January mean for parties’ deal planning? Key Points: ..On 23 January 2020, the UK passed legislation to leave the EU on 31 January 2020 under the terms of the Withdrawal Agreement...more

EU Adopts Regulation on Foreign Direct Investments

Skadden, Arps, Slate, Meagher & Flom LLP on 7/1/2019

On March 19, 2019, the European Union adopted a regulation for the screening of foreign direct investments into the EU (the Regulation). The Regulation sets forth national security factors that EU member states (Member...more

BREXIT: Can "EXIT DAY" Be Changed in Time?

Womble Bond Dickinson on 3/25/2019

On March 21st the European Council agreed to extend the UK's Article 50 notice period, either: - Until May 22nd if the Withdrawal Agreement and Political Declaration (WA) is approved by the House of Commons before March...more

Financial Regulatory Observer – March 2019: Brexit preparedness for financial services: The German response

White & Case LLP on 3/23/2019

It is yet unclear if and when the House of Commons will again decide about the Withdrawal Agreement and whether the date for the UK leaving the EU will be changed. Under the current circumstances, a hard Brexit on 29 March...more

Brexit and Antitrust: Impact on Public and Private Antitrust Enforcement

Dechert LLP on 3/7/2019

The UK may leave the EU on 29 March 2019 without a transition period or agreed arrangements on the terms of its exit. There are multiple implications: - Businesses subject to an ongoing EU antitrust investigation on the...more

Impact of Brexit on Merger Control

Dechert LLP on 2/25/2019

The UK may leave the EU on 29 March 2019 without a transition period or agreed arrangements on the terms of its exit. For deals that have been notified to the European Commission but are still pending approval on 29 March,...more

Brexit preparedness for financial services: the German response

White & Case LLP on 2/11/2019

The House of Commons recently rejected the Withdrawal Agreement. While the UK Parliament is still debating how to leave the EU, a hard Brexit remains an option. To prepare for this possibility, the UK, EU Commission and EU27...more

Brexit: Impact of 'No Deal' on Manufacturers and Importers

Dechert LLP on 1/18/2018

The European Commission has issued a Notice drawing attention to the legal ramifications of Brexit for industrial products placed on the EU-27 market in the event of no alternative arrangements being agreed for a transition...more

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