Global Antitrust Challenges for Industry Climate Alliances and Cooperation on Environmental Sustainability
3 July 2023
As businesses seek new ways to work together to improve environmental sustainability, navigating diverging approaches to competition law in different jurisdictions is becoming increasingly complex.
Many businesses are aiming to improve the sustainability of their operations, as individual companies, through multi-company collaborations and at an industry-wide level. However, these initiatives need to be conducted in a way that complies with competition law. Competition law generally prohibits agreements between competitors that harm competition and lead to worse outcomes for consumers. It also limits the ability of firms to share competitively sensitive information between each other.
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