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        arbitration of EU competition law through EU Member       with ease - and a resounding “No!” is the response we
        State  court  decisions,  ECJ  decisions,  European       have gathered from several of the firms we reviewed in
        Commission and through Parliament regulations”.           response to the question. The United Kingdom is a party
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                                                                  to  the  New  York  Convention 1958.   and  this status  is
        The big question is whether we shall continue to maintain   independent to its member status within the EU, which
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        the momentum built-up in dealing with EU competition      shall  remain  “unaffected”  by  its  departure  from  the
        cases through arbitration in the UK, or whether we are    Union. Therefore, any “awards issued by a tribunal seated
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        facing some form of post-Brexit precipice. This is difficult   in any of these states will still be enforceable in the UK”,
        to answer with any certainty, because at present Brexit   and  vice-versa  given  the  obligations  under  the
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        negotiations are ongoing, and even in the wake of Brexit,   convention.
        there  shall  still  be  reforms  in  UK  laws  that  once  gave   It is “expected that the UK will seek to adopt legislation
        effect to EU law – these laws may no longer coincide with   that upholds the Brussels Regulation (the EU’s legislation
        the  objectives  of  the  EU.  In  this  case,  the  free-trade   on  jurisdiction  and  the  reciprocal  enforcement  of
        market benefits which we currently enjoy will be subject   judgments).   Without  the  Brussels  Regulation,  the
        to  the  outcome  of  negotiations  and  the  enactment  of   enforcement  of  English  judgments  in  the  EU,  or  of  EU
        reforms,  including  the  benefit  of  London-seated      judgments in the UK, could become more cumbersome,
        arbitration.  The  issue  may  also  work  in  reverse,  for   although  the  UK  may  seek  to  reach  some  other
        example  if  our  pre-existing  competition  laws  -  which   agreement with the EU or to join existing conventions on
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        presently coincide with EU competition laws under CLA     such matters (such as the Lugano Convention)”.
        1998 - suddenly become incompatible because of some
        fundamental  change  in  the  TFEU  which  we  are  not   Jurisdiction Allocation in Contracts
        prepared to adopt.  Bird & Bird lawyers Richard Eccles and
        Peter Willis agree, stating that “in the medium or longer   Parties to contracts frequently grant exclusive jurisdiction
        term,  there  is  an  appreciable  prospect  of  a  degree  of   to the English courts in relation to disputes arising out of
        divergence between UK and EU rules”.  If there is such a   multi-jurisdictional contracts. This is because the judiciary
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        divergence  as  cannot  be  reconciled,  the  question  will   in  the  UK  is  renowned  for  providing  unparalleled
        then  arise  as  to  whether  competition  law  arbitrators   experience  and  skill  in  dealing  with  complex  matters,
        based in the UK “would be able to arbitrate on disputes   along  with  its  “independence  and  impartiality”.  100
        involving EU competition laws in an independent third-    Jurisdiction allocation for arbitral resolutions will remain
                   94
        party state”.  The answer to this is clearly impossible to   largely unaffected due to the New York Convention 1958,
        foresee at this stage.                                    whilst the allocation of jurisdiction for court settlements
        What also needs to be considered is whether the UK may    -  such  as  those  often  held  in  the  UK’s  High  Court  or
        be  discriminated  against  through  post-Brexit  pro-EU   Chancery Division - may be impeded if the UK fail to make
        campaigns.  It’s  not  entirely  unthinkable  to  foresee  the   arrangements with the EU which would give effect to the
        fortress  of  the  EU  closing  ranks  and  encouraging  EU   Recast  Brussels  Regulation  (where  proceedings  are
        member-state businesses to “keep it in the union”, so to   commenced  after  10  January  2015),  the  2001  Brussels
        speak.                                                    Regulation  (for  proceedings  commenced  prior  to  that
                                                                  date), and the Lugano Convention 2007 (for enforcement
        Enforcing arbitral awards in EU member states post Brexit   of judgments as between the EU and EFTA states - except
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                                                                  Liechtenstein, that is, Iceland, Norway and Switzerland.
        Will the enforcement of London-seated arbitral awards in   If  such  arrangements  are  not  put  in  place,  “UK  legal
        EU member states post-Brexit change? - This is a question   advisers  face  the  prospect  of  getting  to  grips  with  the
        that many London based firms appear to be answering       domestic enforcement rules of each of the 27 member-


        93  https://www.twobirds.com/en/news/articles/2016/uk/competition-law-  97 “Brexit – Implications for the Enforcement of Judgments”, paragraph 3. See,
        implications-of-a-brexit conclusion paragraph 17          https://www.herbertsmithfreehills.com/latest-thinking/brexit-–-implications-
        94  David Mwoni Ndolo and Dr Margaret Liu, “Is this the end? The effect of   for-the-enforcement-of-judgments
        Brexit on the arbitration of EU competition laws in the UK”, European   98  Paul Thwaite, “Enforcing Judgments After Brexit”, paragraph 3. See
        Competition Law Review, 2017, *E.C.L.R. 325, paragraph 10   http://www.shlegal.com/news-insights/enforcing-judgments-after-brexit
        95  New York Convention 1958. See,                        99  “Brexit – Implications for the Enforcement of Judgments”, paragraph 3. See,
        http://www.newyorkconvention.org/countries                https://www.herbertsmithfreehills.com/latest-thinking/brexit-–-implications-
        96  “Brexit and Dispute Resolution - Intellectual Property Disputes”, paragraph   for-the-enforcement-of-judgments
        15. See, https://www.addleshawgoddard.com/en/insights/insights-  100  Paul Thwaite, “Enforcing Judgments After Brexit”, paragraph 1. See
        briefings/brexit-insights/brexit-and-dispute-resolution-intellectual-property-  http://www.shlegal.com/news-insights/enforcing-judgments-after-brexit
        disputes/                                                 101  Paul Thwaite, “Enforcing Judgments After Brexit”, paragraph 6. See
                                                                  http://www.shlegal.com/news-insights/enforcing-judgments-after-brexit
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