The UK food industry has requested that it be granted a waiver from certain provisions of competition law in the event of a no-deal Brexit.
Producers and distributors, including major supermarkets, are reported to have “repeatedly” asked the Government for a reprieve from rules which prevent collaborating on supply or pricing plans, in order to allow coordination across the industry to prevent food shortages in a no-deal Brexit scenario.
While rare, sector-specific waivers have been approved before, when necessary. It is not yet clear whether the Government will approve the food industry’s request.
Please contact Tim Cowen if you have any questions.