Property leases and competition law: Some clarity on restrictions in leases…
The EU’s Court of Justice has ruled (in Case C-345/14 Maxima Latvija) that a clause in a property lease, between a mall owner and a supermarket ‘anchor tenant’, which gives that tenant the ‘right to approve’ the granting of leases to competing stores is not anti-competitive ‘by object’. This means that any investigating authority/court would…