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Home  >  Competition Law  > Glossary of competition terms  > Individual exemption
Individual exemption
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Decision of the Commission pursuant to Article 81(3) EC Treaty to exempt notified agreements between companies from the prohibition of Art. 81(1) EC Treaty on the basis of an individual assessment (Block exemption regulation). In broad terms, restrictive agreements qualify for exemption if their benefits to general welfare (product improvement, technical or economic progress, benefits to consumer) outweigh their restrictive effects on competition.

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