**Title: Seeking Feedback on the Legal Drafting of the Competition Act 1998 (Technology Transfer Agreements Block Exemption) Order 2026**

In an ever-evolving marketplace characterised by rapid technological advancement, it is crucial for the legal framework governing competition and contract law to remain aligned with the needs of industry stakeholders. The Competition Act 1998 (Technology Transfer Agreements Block Exemption) Order 2026 is set to play a pivotal role in shaping the landscape of technology transfer agreements, providing a tailored approach that aims to facilitate collaboration while ensuring compliance with competition law.

As we embark upon a technical consultation regarding this draft, it is vital to gather a broad spectrum of feedback from industry experts, legal practitioners, and other interested parties. The insights gained during this consultation process will be instrumental in refining the legal drafting of the Order, thereby enhancing its clarity, applicability, and overall effectiveness.

The 2026 Order seeks to modernise the existing framework for technology transfer agreements, which are crucial for innovation and the dissemination of technology across sectors. By laying out clear guidelines, the Order aims to promote collaboration amongst businesses, enabling them to share resources, knowledge, and technologies, ultimately driving economic growth and consumer benefits.

One of the key aspects of the proposed Order is the emphasis on fostering an environment that encourages the exchange of technology while simultaneously safeguarding competition. It is essential that the legal text not only complies with domestic legislation but also aligns with international best practices. This is particularly important in a globalised economy where technology knows no borders.

We invite stakeholders to review the draft and provide their thoughts on several critical areas. These include the definitions of key terms, the scope of the block exemption, and any specific clauses that may require further refinement. Furthermore, given the nuanced nature of technology transfer agreements, it is imperative to consider the implications of the Order on both small and large enterprises, ensuring that it serves as an enabler of innovation across the board.

Another pivotal aspect to consider is the balance between protecting intellectual property rights and ensuring that such protections do not stifle competition or hinder market entry for new or smaller firms. The feedback received during this consultation will aid in identifying potential barriers to entry and will be crucial in ensuring the Order does not inadvertently favour larger entities over smaller competitors.

In conclusion, the consultation on the Competition Act 1998 (Technology Transfer Agreements Block Exemption) Order 2026 represents a significant opportunity to shape the future of technology transfer in the UK. We encourage all interested parties to participate actively in this process, providing their expertise and insights. By working collaboratively, we can ensure that the finalised Order not only meets the needs of the industry but also upholds the principles of fair competition, ultimately fostering an environment ripe for innovation and growth. Your feedback is invaluable, and together, we can create a regulatory framework that supports the dynamic nature of technological progress.

January 05, 2026 at 04:00PM
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