ARTICLE
26 September 2022

A Risk Of "greenwashing" By Competition Authorities?

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Bird & Bird
Contributor
Bird & Bird is an international law firm which supports organisations being changed by technology and the digital world. We combine exceptional legal expertise, deep industry knowledge and refreshingly creative thinking, to help clients achieve their commercial goals. 1300+ lawyers in 29 offices: Europe, USA, Middle East and Asia Pacific.
It is no news that sustainability is an important topic of competition policy across the EU.
European Union Antitrust/Competition Law
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It is no news that sustainability is an important topic of competition policy across the EU. There is clear consensus that competition law enforcement should be careful not to hinder cooperation between companies, even competitors, that facilitates the realisation of or progress towards reaching sustainability goals of climate policy (or beyond). Although the extent to which Article 101(3) TFEU can be used as a legal basis for exempting restrictive sustainability agreements from the cartel prohibition continues to be a hotly debated topic, competition authorities open up to guide companies towards legitimate forms of sustainability-promoting cooperation. This prompts the question if the authorities' eagerness to facilitate sustainability initiatives does not amount to a risk of 'greenwashing' by competition authorities.

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ARTICLE
26 September 2022

A Risk Of "greenwashing" By Competition Authorities?

European Union Antitrust/Competition Law
Contributor
Bird & Bird is an international law firm which supports organisations being changed by technology and the digital world. We combine exceptional legal expertise, deep industry knowledge and refreshingly creative thinking, to help clients achieve their commercial goals. 1300+ lawyers in 29 offices: Europe, USA, Middle East and Asia Pacific.
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