October 27, 2020 – Impact of Brexit on mergers and cartels – In the fourth part of this series, London-based partner Marc Israel examines the significant impact of Brexit on how mergers and agreements will be handled in the UK at the end of the transition period. Immediately after the announcement of a revised withdrawal agreement on October 17, 2019, Labour, the Liberal Democrats and the DUP said they could not support the new agreement.  The British Parliament approved the draft agreement by adopting 2020 implementing laws (The European Union Withdrawal Agreement (Withdrawal Agreement) 2020 Act. Following the signing of the agreement, the UK Government adopted and tabled the UK`s ratification instrument on 29 January 2020.  The agreement was ratified by the Council of the European Union on 30 January 2020, after approval by the European Parliament on 29 January 2020. The UK`s withdrawal from the EU came into force on 31 January 2020 at 11 .m GMT, when the withdrawal agreement came into force in accordance with Article 185. The reception of the agreement in the House of Commons ranged from cold to hostile, and the vote was delayed by more than a month. Prime Minister May has received a motion of no confidence within her own party, but the EU has refused to accept further changes. 9 November 2020 – The issue of state aid – In the sixth part of this series, Genevra Forwood, a Brussels-based partner, sees the issue of state aid as one of the final stumbling blocks in negotiations between the EU and the UK.
On 15 November 2018, the day after the agreement and the support of the British government were presented, several members of the government resigned, including Dominic Raab, Secretary of State for leaving the European Union.  EU leaders approve the postponement of the date of Brexit to 31 January 2020, or earlier, if the British and European parliaments approve the withdrawal agreement by then. January 30, 2019 – The Uk will formally leave the EU on 29 March 2019, unless an extension or negotiated solution is agreed between the UK and the European Commission. At present, there is no agreement on the UK`s data protection status and, above all, on the transfer of personal data from the EU to the UK. In the absence of agreement on these issues or in the event of a “no deal” Brexit, the UK is considered a “third country”. This will create additional compliance challenges for organizations. It provides for a transition period until 31 December 2020 to give citizens, businesses and governments sufficient time to prepare for the end of the transition.