The new European Commission Vertical Agreements Block Exemption Regulation and accompanying guidelines, are now in force (although there will be a transitional period until 31 May 2011 for pre-existing agreements that complied with the old block exemption). The block exemption provides a safe harbour for vertical agreements (for example agreements between manufacturers and wholesalers) that fulfil certain conditions. The guidelines provide guidance on the assessment of vertical restrictions.
In terms of the most significant changes these are in relation to the market share threshold in the block exemption, and further guidance on restrictions on internet selling.
To read our briefing note from the competition team at Stevens & Bolton LLP, please click here.
If you have any questions in relation to the new vertical agreements block exemption and guidelines, or related competition law issues, please contact:
Gustaf Duhs
T: 01483 734217
E: gustaf.duhs@stevens-bolton.com
Beverley Whittaker
T: 01483 734281
E: beverley.whittaker@stevens-bolton.com
Beverley Flynn
T: 01483 734264
E: beverley.flynn@stevens-bolton.com
Gustaf Duhs
Beverley Whittaker
Beverley Flynn