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The announcement follows declarations to simplify regulatory frameworks for businesses, and an overall drive to increase competitiveness in Europe. On 8 November 2024, European Commission President Ursula von der Leyen...more
In Brief - The Australian Competition and Consumer Commission (ACCC) and Australian Securities and Investments Commission (ASIC) continue to be vigilant and seek significant penalties for alleged "greenwashing" (misleading...more
KEY TAKEAWAYS - The CMA’s Green Agreements Guidance sets out its approach to applying competition law in relation to agreements between competitors that are aimed at reducing the adverse impact of economic activities on...more
In July 2023, the Australian Competition and Consumer Commission (ACCC) released draft guidance for businesses making environmental and sustainability claims (the Draft Greenwashing Guidance). The Draft Greenwashing Guidance...more
The UK’s Competition and Markets Authority (“CMA”) has published its long-awaited draft guidance on sustainability agreements between competitors (the “Draft Guidance”). In doing so, it acknowledges that collaborations...more
The European Commission continues to explore how competition policy can support the bloc’s increased focus on sustainability and progression towards climate neutrality by 2050. On 10 September 2021, Inge Bernaerts,...more
The EU has published a call for contributions to gather ideas and proposals on how EU competition rules (State aid, antitrust, and merger control) and sustainability policies can best work together. The aim is to gather the...more
The initiative includes a competition law sustainability “sandbox” in which market participants could team up to work on sustainable business projects. The Greek Competition Authority (HCC) has announced a public...more
Companies are under increasing pressure to ensure they are operating in a sustainable manner and, in turn, contributing to broader goals of sustainable growth (e.g. achieving CO² reduction goals). However, meeting such...more