I am happy to confirm that, but I am also happy to point out how important Scotland is to the rest of the UK as a trading partner.
This treaty shows there are many other potential costs to a hard Brexit; for example, in respect of the protection of the rights of citizens who otherwise may also find that they face additional burdens. As the Minister mentioned, the explanatory notes state that the Bill carries no cost to the Government, but that does not mean that subsequently losing these protections will mean no cost to our citizens and businesses. Areas of EU competition regulation include anti-trust, cartel, merger and state aid measures, and the sectors covered are agriculture and food; consumer goods; energy and environment; financial services; information and communication technologies; media; motor vehicles; pharmaceuticals; postal services; professional services; sports; telecommunications, and transport.
This is yet another example—and we have heard no update today—of where we have no clarity from the UK Government over Brexit proposals from them on something fundamental to UK companies operating in the EU and, ultimately and importantly, to consumers and our citizens. In contrast, this agreement will mean that information obtained during competition enforcement investigations may be discussed and transferred between the European Commission and the Canadian Competition Bureau. It is intended to increase the ability of both organisations to conclude competition enforcement investigations efficiently, and should be welcomed.
We are advised that following the UK’s exit from the European Union, UK companies operating in the EU will still be subject to the jurisdiction of the European Commission in anti-trust investigations. That raises an interesting question, so will the Minister confirm with whom that agreement has been met and when it was decided? As we know, following the €2.4 billion fine on Google, the EU is considering giving the Commission tougher competition powers to allow for earlier and faster intervention in potential anti-trust cases. After Brexit, the UK will have no say over these types of decisions, which could potentially involve UK companies. How do this Government intend to deal with the implications for businesses and consumers of having no voice in the direction of EU competition law? We need to hear some commitments here. The hon. Member for Stone (Sir William Cash) did not want to be held to anything, but is it not about time the UK Government were held to at least some things that they are going to do in the future?
Although SNP Members are keen to support the approval of these draft decisions, the very nature of the Bill shows us how deep and wide our current protections are in the EU. In Scotland, we remain determined to give people hope for the future and ensure that the protections they currently take for granted will continue to benefit them, their families and our businesses. I believe that many people in all parts of this Chamber are as passionate about dignity, freedoms and protections as I am and as we in the SNP are. Whatever the future holds, it will be important for those voices to make themselves heard, and when they do, we will be ready to support them.
2.49 pm