Block exemption (Regulation)

 

Institution Definition

Regulations, issued by the Commission or by the Council pursuant to Article 101(3) TFEU specifying the conditions under which certain types of agreements are exempted from the prohibition of restrictive agreements laid down in Article 101(1) TFEU. When an agreement fulfils the conditions set out in a block exemption regulation, the agreement is automatically valid and enforceable. Block exemption regulations exist, for instance, for vertical agreements, R&D agreements, specialisation agreements, technology transfer agreements and car distribution agreements. © European Commission

See also Absolute territorial protection and Hard core restriction(s)

 
A B C D E F G H I J L M N O P R S T U V