The CMA’s recommendation for a UK-specific Vertical Agreements Block Exemption shows signs of divergence from the EU regime

10th November 2021

On 3 October 2021, the UK Competition and Markets Authority (“CMA”) published its long-awaited recommendation to the Secretary of State for Business, Energy and Industrial Strategy on whether the retained Vertical Agreements Block Exemption Regulation (“retained VABER”) should be replaced, when it expires on 31 May 2022, with a UK-specific Vertical Agreements Block Exemption Order (“VABEO”).

The retained VABER is one of the ‘retained exemptions’ created by a combination of the operation of the European Union (Withdrawal) Act 2018 and the Competition (Amendment etc.) (EU Exit) Regulations 2019 (as amended by the Competition (Amendment etc.) (EU Exit) Regulations 2020). This follows the CMA’s consultation, which was launched in June this year. The CMA has recommended that the retained VABER should be replaced with a UK-specific VABEO, which does not make fundamental changes from the current regime, but does introduce some important amendments.

Read the full article here 

Featured videos

Keep up to date on stories,
briefings and event information

  Social spotlight

Follow us

Our partners