Introduction On 17 June 2021, the UK’s Competition and Markets Authority (“CMA”) published an eagerly anticipated consultation document outlining its proposed recommendations to the Secretary of State (i.e., the relevant government minister) on the future of the retained vertical agreements block exemption regulation (“retained VBER”). Interested parties have until 5pm on 22 July 2021 to respond to the CMA’s consultation document (after which the CMA will prepare its final recommendation to the Secretary of State). Following Brexit, the EU block exemption regulations which were in force at the end of the transition period (i.e., on 31 December 2020) were retained in UK law when the transition period ended. As such, agreements between businesses that meet the conditions of any of the
The UK Competition Authority consults on proposals for a vertical agreement block exemption order
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