ANTITRUST AND COMPETITION
The European Commission Consults on New EU Competition Rules for Distribution Agreements
The Vertical Block Exemption Regulation (VBER) and its accompanying Vertical Guidelines (VGL) are designed to provide predictability to companies entering into supply and distribution agreements in Europe. Under the VBER, EU competition rules do not apply to vertical agreements entered into by companies with market shares not exceeding 30%. If the agreement contains so-called hardcore restrictions, i.e., a presumption of severe restriction of competition due to, for instance, illegal resale pricing restrictions or territory or customer allocation, then the VBER no longer applies but companies can still demonstrate that in their particular case the pro-competitive effects outweigh the negative effects.
Wednesday, February 3, 2021
The European Commission Consults on New EU Competition Rules for Distribution Agreements
The Vertical Block Exemption Regulation (VBER) and its accompanying Vertical Guidelines (VGL) are designed to provide predictability to companies entering into supply and distribution agreements in Europe. Under the VBER, EU competition rules do not apply to vertical agreements entered into by companies with market shares not exceeding 30%. If the agreement contains so-called hardcore restrictions, i.e., a presumption of severe restriction of competition due to, for instance, illegal resale pricing restrictions or territory or customer allocation, then the VBER no longer applies but companies can still demonstrate that in their particular case the pro-competitive effects outweigh the negative effects.
New EU Cybersecurity Strategy and new rules to make physical and digital critical entities more resilient eureporter.co - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from eureporter.co Daily Mail and Mail on Sunday newspapers.
‘We are a prime target,’ Schinas says, as Commission strives to bolster cyber resilience 16-12-2020
(From L to R) European Commission vice-president in charge for High-Representative of the Union for Foreign Policy and Security Policy Josep Borrell, European Commission vice-president in charge for promoting our European way of life Margaritis Schinas and EU commissioner for internal market Thierry Breton give a press conference on the cybersecurity strategy at EU headquarters in Brussels, Belgium, 16 December 2020. [EPA-EFE/KENZO TRIBOUILLARD / POOL]
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European Commission unveils new cyber-resilience rules 16 December 2020
Source: European Commission Today, the Commission and the High Representative of the Union for Foreign Affairs and Security Policy are presenting a new EU Cybersecurity Strategy. As a key component of Shaping Europe s Digital Future, the Recovery Plan for Europe and the EU Security Union Strategy, the Strategy will bolster Europe s collective resilience against cyber threats and help to ensure that all citizens and businesses can fully benefit from trustworthy and reliable services and digital tools. Whether it is the connected devices, the electricity grid, or the banks, planes, public administrations and hospitals Europeans use or frequent, they deserve to do so with the assurance that they will be shielded from c