Legal News

CMA seeks views on new guidance to help businesses co-operate on environmental goals

Published on: 28 February 2023
Published by LNB News

LNB News 28/02/2023

Document Information

Issue Date: 28 February 2023

Published Date: 28 February 2023

Jurisdiction(s): England, Northern Ireland, Scotland and Wales

Article summary

The Competition and Markets Authority (CMA) has launched a consultation on new draft guidance to help businesses co-operate on environmental goals. The guidance explains how competition law applies to environmental sustainability agreements between firms operating at the same level of the supply chain. The draft guidance also invites parties to approach the CMA for informal advice, in what it is calling an ‘open-door policy’. It also provides examples of successful collaborations between businesses in different sectors. The CMA hopes that the guidance will encourage more businesses to work together to address environmental challenges and promote sustainable practices. Responses can be submitted to the consultation on the draft guidance until 5pm on 11 April 2023.

Popular documents