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Digital Markets, Competition and Consumers Act 2024

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Changes over time for: Section 119

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There are currently no known outstanding effects for the Digital Markets, Competition and Consumers Act 2024, Section 119. Help about Changes to Legislation

119Removal of requirement for agreements etc to be implemented in the UKU.K.
This section has no associated Explanatory Notes

(1)In Chapter 1 of Part 1 of CA 1998 (agreements), section 2 (agreements etc preventing, restricting or distorting competition) is amended as follows.

(2)For subsection (1) substitute—

(1)Subject to section 3, agreements between undertakings, decisions by associations of undertakings or concerted practices which have as their object or effect the prevention, restriction or distortion of competition within the United Kingdom and which—

(a)in the case of agreements, decisions or practices implemented, or intended to be implemented in the United Kingdom, may affect trade in the United Kingdom, or

(b)in any other case, are likely to have an immediate, substantial and foreseeable effect on trade within the United Kingdom,

are prohibited unless they are exempt in accordance with the provisions of this Part.

(3)Omit subsection (3).

(4)The amendments made by this section do not have effect in relation to agreements between undertakings (within the meaning of CA 1998) made before the coming into force of this section.

(5)Subsection (5) of section 2 of CA 1998 applies for the purposes of subsection (4) as it applies for the purposes of Part 1 of that Act.

Commencement Information

I1S. 119 not in force at Royal Assent, see s. 339(1)

I2S. 119 in force at 1.1.2025 by S.I. 2024/1226, regs. 1(2), 2(1)(2)

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