The European Commission announced Tuesday that it has concluded an agreement with the UK to allow direct cooperation in antitrust investigations. This historic agreement marks the first time EU national competition authorities will work directly with a non-EU competition authority.
Once ratified by both parties, the agreement will ensure that major antitrust and merger investigations are shared between the EU and UK authorities, facilitating coordinated efforts where necessary. The European Commission stated that the agreement outlines cooperation principles to help prevent jurisdictional conflicts, strengthening cross-border competition enforcement.
