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Committee Material Published 12 Oct 2022 ↗ View on Parliament

Following EU Exit there is already some divergence in regulatory approach between the UK and EU. The regulators gave us examples where divergence was happening or could happen due to differences in opinion on what the evidence said or how this related to the UK. For example, the CMA told us that it had taken the decision to block a global merger of companies that sell equipment for container shipping which has been conditionally cleared by the European Commission, and that its decision had be...

Following EU Exit there is already some divergence in regulatory approach between the UK and EU. The regulators gave us examples where divergence was happening or could happen due to differences in opinion on what the evidence said or how this related to the UK. For example, the CMA told us that it had taken the decision to block a global merger of companies that sell equipment for container shipping which has been conditionally cleared by the European Commission, and that its decision had been accepted.41 The FSA explained that the EU recently banned titanium dioxide as a food additive, while the UK has not introduced a ban. FSA is carrying Type: conclusion | Number: 14 | Response status: not_addressed Government response: 5. PAC conclusion: Regulatory divergence between the UK and the EU and within the UK internal market risks increasing costs for businesses, but also offers opportunities depending on the approach taken. 5. PAC recommendation: The regulators should put in place rob