On 25 January 2023, the UK Competition and Markets Authority (CMA) opened a consultation on its Draft Guidance on Horizontal Agreements. This was followed on 28 February 2023 by a second, much-anticipated additional consultation on the CMA's Draft Sustainability Guidance detailing how the CMA will approach environmental sustainability agreements. The deadline for responses to this second consultation is 11 April 2023.
This Client Alert compares the CMA's approach with the European Commission's approach by identifying key areas of alignment and highlighting variations, and provides some high level considerations for businesses to keep in mind when engaging in sustainability-related discussions.
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