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The UK Competition Authority proposes replacing the retained Vertical Agreements Block Exemption Regulation (Retained VABER), with the UK Vertical Agreements Block Exemption Order (UK VABEO)

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The proposals include certain notable changes, while also mirroring the current UK framework and the European Commission’s planned approach in many respects. The UK Competition and Markets Authority (CMA) has proposed replacing the retained Vertical Agreements Block Exemption Regulation (Retained VABER), which has applied in the UK following the country’s departure from the EU and will expire on 31 May 2022, with a UK Vertical Agreements Block Exemption Order (UK VABEO). The CMA’s proposals include a number of changes intended to reflect evolving market conditions and enforcement practice, and to widen the CMA’s existing powers. Concurrently, the European Commission is consulting on the draft revised Vertical Block Exemption Regulation (VBER) and Vertical Guidelines, planned to enter

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Authors

  • Latham & Watkins (Brussels)
  • Latham & Watkins (London)
  • Latham & Watkins (London)

Quotation

David Little, Alexandra Luchian, James Mathieson, The UK Competition Authority proposes replacing the retained Vertical Agreements Block Exemption Regulation (Retained VABER), with the UK Vertical Agreements Block Exemption Order (UK VABEO), 17 June 2021, e-Competitions Preview, Art. N° 108385

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