Property Matters October 2010
Restrictions in land agreements – impact of competition law changes
Competition law is more normally associated with price fixing cartels, but will soon apply in much greater depth to restrictions contained in land agreements. This follows two new legal developments, namely the Groceries Market Investigation (Controlled Land) Order 2010, and the Competition Act 1998 (Land Agreements Exclusion Revocation) Order 2010.
Those with significant land interests need to consider the new law for all future deals, alongside their existing portfolios.
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