COVID-19
relaxation of competition law for Isle of Wight Ferries
The
Department for Business, Energy and Industrial Strategy (BEIS) and the
Department for Transport (DfT) have announced the suspension of certain aspects
of competition law to allow Isle of Wight ferry operators to collaborate in the
face of the coronavirus outbreak (COVID-19).
The
measures are based on paragraph 7 of Schedule 3 of the Competition Act which provides
that where the Secretary of State is satisfied that there are ‘exceptional and
compelling reasons’ in the public interest why the Chapter I prohibition ought
not to apply to an agreement or any agreement of a particular description, they
may exclude them from the prohibition.
Ferry
operators in the Isle of Wight will be able to work together to allow for
essential food, freight and medical supplies to be transported between the Isle
of Wight and the mainland.
The
measure follows a similar announcement last week that elements of competition
law will be temporarily relaxed for the food sector to allow for essential business
cooperation.
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