The BVRLA has responded to the Department for Business, Energy & Industrial Strategy (BEIS)’s consultation looking at the Draft Vertical Agreements Block Exemption Order.
The purpose of the Order is to ensure that businesses are not prevented or disincentivised from entering into agreements that the Competition and Markets Authority considers to be beneficial and not anticompetitive. The Order replaces a similar block exemption, the retained Vertical Agreements Block Exemption Regulation (retained VABER), which was made under EU law and retained in UK law after the UK’s withdrawal from the EU. The retained VABER expires on 31 May 2022.
Email [email protected] for a copy of the BVRLA’s submission.