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Clifford Chance

Clifford Chance


Landlords Beware: UK's Competition Watchdog bares its teeth to Real Estate Sector

30 October 2018

It's been a long time coming, but the Competition and Markets
Authority (CMA) has recently taken enforcement action in
relation to a land agreement for the first time since such
agreements ceased to be exempt from the provisions of the
Competition Act 1998 (the Act) in 2011. With heavy penalties
for non-compliance, as well as the inevitable reputational
damage, this regulatory intervention serves as a useful
reminder to all landlords and landowners to be mindful of
competition law constraints when entering into agreements
such as leases, sale agreements, agreements for lease,
development agreements and other agreements relating to

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