Review - EU, Competition and Trade team

    July 2010

    Chapter I prohibition to apply to "land agreements"

    As of 6 April 2011, all restrictions in land agreements (e.g leases) will be potentially subject to the Chapter I prohibition under the Competition Act 1998, which prohibits (and renders void and unenforceable) agreements whose object or effect is to prevent, restrict or distort competition within the UK. This change will potentially impact many common restrictive provisions in agreements/ leases/licences between land owners, tenants, property developers and investors and may have particular impact in certain sectors (e.g. retail, public houses).