An OFT consultation papers is out today on the effect on land agreements of the revocation of the Land Agreements Exclusion Order. With effect from 6th April 2011 the prohibition of anti-competitive agreements in Chapter 1 of the Competition Act 1998 will apply to land agreements.
Restrictive user covenants in shopping centres, for example, will have to be considered (and reconsidered from time to time) in the light of this change.
The consultation paper is about the OFT's draft guidance on the application of the law in this field.
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1 comments:
Good Info...
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