11641’s Impact on Competition Law

To start with, we should note that the abovementioned repercussions will greatly depend on the withdrawal agreement that is reached. In this regard, if the UK were to join the European Economic Area, aside the likes of Norway, Iceland and Liechtenstein, the impact would be mild. By contrast, a drastic withdrawal (i.e. without an agreement that regulates the future relationship between the UK and the EU) would imply severe changes. The intermediate option would be a bilateral commercial agreement, as with Switzerland, although this route would not have much bearing on the matters being considered…