On 28 June 2022, the Competition and Markets Authority (“CMA”) published its recommendations to the Secretary of State on whether the two EU Horizontal Block Exemption Regulations retained from EU law (“HBERs”), should be renewed or varied after 31 December 2022.

This includes certain categories of research and development agreements, in which two or more parties agree to collaborate in relation to the research and development of products, technologies or processes, and categories of specialisation agreements, which include unilateral specialisation agreements, reciprocal specialisation agreements, and joint production agreements…

next steps

The impact of these changes for firms means that the current regime for businesses will continue with some amendments in response to market developments and to clarify the existing rules and improve their effectiveness. The CMA recommendations on the UK HBEOs should be accompanied by guidance, which is likely to deal with other categories of horizontal agreement, in addition to specialisation and R&D agreements. The CMA plans to publish draft guidance for consultation in autumn/winter 2022.

To review the CMA’s recommendation please click here.

For more information, and any guidance or advice on competition law matters, Cleveland & Co External in-house counsel™, your specialist outsourced legal team, are here to help.

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