EU and UK agree to cooperate closely on competition matters
Today, the European Commission and the United Kingdom signed the EU-UK Competition Cooperation Agreement. The agreement sets a new and clear framework for cooperation on competition matters between, on the one side, the Commission and EU Member State competition authorities, and, on the other side, the UK’s Competition and Markets Authority. It is the first dedicated EU-UK agreement fully focused on competition cooperation following the withdrawal of the UK from the Union.
The agreement lays down clear principles of cooperation to ensure smooth interactions between the EU and UK on competition matters. It will enter into force after both the EU and the UK have finalised their ratification procedures.
