UK Competition Policy Post-Brexit: In the Public Interest?

Centre for Competition Policy Working Paper 16-12

21 Pages Posted: 5 Nov 2016

See all articles by Bruce Lyons

Bruce Lyons

University of East Anglia

David Reader

Newcastle University

Andreas Stephan

University of East Anglia (UEA) - Centre for Competition Policy

Date Written: November 4, 2016

Abstract

This paper provides an analysis of the UK’s future Competition Policy, following its withdrawal from the EU. It is focused on whether the UK should make greater use of public interest tests in merger regulation, implement industrial policies aimed at protecting UK industries, or allow antitrust rules to diverge from those of the EU. We find that some of the new freedoms achieved by Brexit will be damaging to competitive markets. It may be necessary to legislate to limit these effects.

Keywords: Competition Policy; Public Interest; Industrial Policy; Merger Control; State Aid; Brexit

JEL Classification: K21, L44, G34, H25

Suggested Citation

Lyons, Bruce and Reader, David and Stephan, Andreas, UK Competition Policy Post-Brexit: In the Public Interest? (November 4, 2016). Centre for Competition Policy Working Paper 16-12, Available at SSRN: https://ssrn.com/abstract=2864461 or http://dx.doi.org/10.2139/ssrn.2864461

Bruce Lyons

University of East Anglia ( email )

Norwich Research Park
Norwich, Norfolk NR4 7TJ
United Kingdom

David Reader

Newcastle University

Newcastle upon Tyne
NE1 7RU
United Kingdom

Andreas Stephan (Contact Author)

University of East Anglia (UEA) - Centre for Competition Policy ( email )

UEA
Norwich Research Park
Norwich, Norfolk NR4 7TJ
United Kingdom

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