Section 39

In this section “small agreement” means an agreement— which falls within a category prescribed for the purposes of this section; but is not a price fixing agreement. The criteria by reference to which a category of agreement is prescribed may, in particular, include— the combined turnover of the parties to the agreement (determined in accordance with prescribed provisions); the share of the market affected by the agreement (determined in that way). A party to a small agreement is immune from the effect of section 36(1) so far as that provision relates to decisions about infringement of the Chapter I prohibition; but the CMA may withdraw that immunity under subsection (4). If the CMA has investigated a small agreement, it may make a decision withdrawing the immunity given by subsection (3) if, as a result of its investigation, it considers that the agreement is likely to infringe the Chapter I prohibition. The CMA must give each of the parties in respect of which immunity is withdrawn written notice of its decision to withdraw the immunity. A decision under subsection (4) takes effect on such date (“the withdrawal date”) as may be specified in the decision. The withdrawal date must be a date after the date on which the decision is made. In determining the withdrawal date, the CMA must have regard to the amount of time which the parties are likely to require in order to secure that there is no further infringement of the Chapter I prohibition with respect to the agreement. In subsection (1) “price fixing agreement” means an agreement which has as its object or effect, or one of its objects or effects, restricting the freedom of a party to the agreement to determine the price to be charged (otherwise than as between that party and another party to the agreement) for the product, service or other matter to which the agreement relates.

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Source: legislation.gov.uk · retrieved 2026-09-04