Following an inquiry in July 2017, the House of Lords’ European Union Committee published on February 2, 2018, a report titled – ‘Brexit: competition and State aid’ – on the future of the UK’s competition law regime after Brexit.

The House of Lords report provides a detailed account of the most pressing issues that the UK’s competition law regime is facing ahead of Brexit. It also shows the high levels of uncertainty that businesses operating between the EU and the UK face.

This uncertainty suggests that businesses should – at least for now – adopt a cautious approach, for example, when formulating their distribution and acquisition strategies in the UK.

Whatever the statutory changes to the UK’s competition law regime after Brexit are, EU law will still remain an important factor to consider when taking business decisions, especially because of the geographical proximity and close trading relationships between the UK and the EU. This means that going forward businesses need to have guidance.

Steptoe has years of experience in successfully advising businesses on their strategic decisions in the EU and the UK. Our experienced lawyers can help your business to successfully navigate the demands and potential opportunities of Brexit. 
Continue Reading House of Lords Report on Brexit and Competition: What Does it Mean for Businesses?

On September 12, Andrew Finch, the Acting Assistant Attorney General for Antitrust in the U.S. Department of Justice, confirmed the Trump Administration’s commitment to the criminalization of agreements among companies not to “poach” each other’s employees and agreements on employees’ wages, policies advanced significantly during the Obama Administration.

Continue Reading Trump DOJ Confirms Criminal Enforcement against Employee No-Poaching and Wage-Fixing Agreements

On September 15, 2019, Steptoe and Japanese law firm Iwata Godo conducted a joint antitrust seminar in Tokyo addressing the international management of antitrust risks for Japanese companies.

The speakers (Pat Linehan from Steptoe and Akira Matsuda and Takaki Sato from Iwata Godo) provided the audience with an overview of recent enforcement trends in