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SUMMARY:Session three: Sustainability agreements and competition law: any
  green light at the end of the tunnel?
DESCRIPTION:Competitor collaborations on sustainability can be a force fo
 r good in our wider society where they aim to promote environmental and 
 other social goals including addressing climate change\, ensuring sustai
 nable use of resources and the promotion of human and labour rights and 
 animal welfare. Is competition law an obstacle to such agreements? Regul
 ators are increasingly aware that competition rules need to take into ac
 count sustainability goals and be applied more flexibly to enable benign
  cooperation. However\, getting it wrong can result in lengthy investiga
 tions\, hefty fines and private damages actions that run in the billions
 . A number of authorities around the world have recently issued guidance
  to provide companies and their legal advisors a framework for distingui
 shing between positive collaboration agreements and problematic agreemen
 ts that result in collusion. This panel will discuss recent developments
  and guidelines with the hope of shedding some ‘green’ light in this dif
 ficult area of the law.
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