EXPLANATORY NOTE

(This note is not part of the Regulations)

These Regulations address failures of retained EU law to operate effectively and other deficiencies (in particular under section 8(2)(a) to (d) and (g) of the European Union (Withdrawal) Act 2018 (c. 16)) arising from the withdrawal of the United Kingdom from the European Union.

These Regulations make amendments to legislation in the field of competition law and, in particular, amend legislation relating to (a) infringements of, and exemptions from, competition law and claims for damages or loss arising out of infringements and (b) mergers. Part 2 amends the Competition Act 1998 (c. 41), Part 3 amends the Enterprise Act 2002 (c. 40), Part 4 amends other primary legislation, Part 5 amends subordinate legislation, Part 6 amends and revokes retained EU law and Part 7 makes transitional and saving provision.

An impact assessment has not been produced for this instrument as no significant impact on the private or voluntary sector is foreseen.