Six months with the Unfair Trading Practices Act (UTP Act) in Sweden – what has happened so far?
It has now been just over six months since the Act on the Prohibition of Unfair Trading Practices in the Purchase of Agricultural and Food Products (the so-called UTP Act, Sw. lagen om förbud mot otillbörliga handelsmetoder vid köp av jordbruks- och livsmedelsprodukter) came into force. The UTP Act transposes the EU-directive 2019/633 on unfair trading practices in the agricultural and food supply chain, the purpose of which is to even out imbalances between suppliers and buyers of such products.
In this article, we briefly describe statements on the interpretation of the legislation that the Swedish Competition Authority has so far made through so-called position papers, summarize the status regarding supervisory matters and report on some additional news from the authority.