At the start of November, the UK Competition and Markets Authority (“CMA”) issued a Recommendation to the Secretary of State with respect to the terms of a new UK-specific Vertical Agreements Block Exemption Order (“VABEO”) that would apply as of 1 June 2022. The VABEO would replace the retained Vertical Agreements Block Exemption Regulation (“VABER”) in the UK in the postBrexit era (for more background, see VBB on Competition Law, Volume 2021, No. 6). The Recommendation also gives an indication of the nature of the separate guidance that the CMA plans to issue concerning the assessment of vertical agreements both under and outside of the VABEO (“Verticals Guidance”). The CMA’s Recommendation followed a four-month public consultation process (VBB’s submission is available here). The European
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