Competition Markets Authority
Detail of outcome
Final Guidance
12 July 2022: the CMA has published guidance to accompany the Vertical Agreements Block Exemption Order (VABEO).
VABEO comes into force
1 June 2022: The Competition Act 1998 (Vertical Agreements Block Exemption) Order 2022 (the VABEO) has come into force.
This Order is a block exemption Order under section 6 of the Competition Act 1998 (CA98). It gives effect to the CMA recommendation that certain vertical agreements (as defined in the Order) constitute a category of agreements which are likely to be exempt agreements as a result of section 9 of the CA98. Agreements which fall within the category specified in the VABEO are exempt from the prohibition in Chapter 1 of the CA98.
The recommendation was made by the CMA following consultation in accordance with section 8(1) of the CA98.
The block exemption applies from 1st June 2022 and will cease to have effect on 1st June 2028.
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