Thursday, 28 January 2021

CMA gives competition law guidance on sustainability

 


CMA gives competition law guidance on sustainability

The Competition and Markets Authority (CMA) has outlined a competition law framework to assist businesses and trade associations self-assess their sustainability agreements.

The document also provides links to CMA materials on competition law risks and compliance.

The CMA also has a blog where it discusses its engagement with global initiatives on competition law and environmental sustainability.

The guidance is welcome, although it is at a high level and does not get into the detail of analysing relevant efficiencies that may flow from such arrangements.  Contrastingly, recent guidance by the Netherlands Authority for Consumers and Markets (NCA) has confirmed that it will not impose penalties under its own regime while the European Commission is consulting on this issue.

CMA:  https://www.gov.uk/government/news/sustainability-agreements-cma-issues-information-for-businesses

NCA: https://www.acm.nl/sites/default/files/documents/second-draft-version-guidelines-on-sustainability-agreements-oppurtunities-within-competition-law.pdf


No comments:

Post a Comment