In the brave new world of SDGs and ESGs is there an opportunity to further your business’ ESG posture in an efficient way by combining forces with the wider industry? A noble pursuit, but as with any cooperation between competing industry peers, competition law compliance needs to be carefully considered. The CMA is keen to remove uncertainty regarding competition law compliance as a source of friction from any proposed cooperation aimed at improving sustainability. True to its promise of having an open-door policy on offering guidance on specific proposals, the CMA has now published further guidance on the appropriate format and content of submissions for requests for guidance. 👉 See the submission guidance here: https://lnkd.in/d25H8cyF 👉 See the CMA guidance on the application of competition law to environmental sustainability cooperation agreements between competitors here: https://lnkd.in/dkRyV9p6 #competitionlaw #sustainability #ESG #SDG
We know many businesses want to find ways to reduce their #environmental impact, which sometimes requires working with other firms towards #sustainability goals. That’s why we’ve published a guide that explains how to approach us about environmental sustainability agreements through our open-door policy. Read more: https://lnkd.in/eZns2aeR
