The UK Parliament revokes land agreements’ exemption from competition law

The UK Competition Act prohibits agreements that have the object or effect of restricting competition within the UK. Currently, land agreements - such as freehold, leasehold and rental agreements - are exempt from the prohibition, but that is all about to change. With effect from 6 April 2011, land agreements will be fully subject to competition law in the UK. Companies have until then to ascertain whether their land agreements are competition law compliant and, if not, to bring them into line. This change will affect the large majority of companies that are party to real estate deals in the UK. I. The change: land agreements no longer exempt from UK competition law Currently the Land Agreements Exclusion Order 2004 (« the Exclusion Order ») exempts from the prohibition of

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Frances M. Murphy, Francesco Liberatore, The UK Parliament revokes land agreements’ exemption from competition law, October 2010, e-Competitions Bulletin October 2010, Art. N° 33654

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