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
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