On 10 February 2021, the UK’s Competition and Markets Authority (“CMA”) launched a consultation on the future of the UK competition rules applicable to vertical agreements. Following Brexit, the EU block exemption regulations which were in force at the end of the transition period (i.e., on 31 December 2020) under EU law were retained in UK law when the transition period ended. As such, agreements between businesses that meet the conditions of any of
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