European Commission to consult on exemption regime for vertical agreements

On 8 November 2018, the European Commission published a “Roadmap” inviting manufacturers and other interested market participants to provide feedback on the Vertical Agreements Block Exemption Regulation (the “Block Exemption”). The Block Exemption is an important practical tool for brands, providing an automatic legal exemption for their agreements with distributors and resellers where certain conditions are met. Its purpose is to provide companies with certainty that their agreements will not expose them to EU competition law risk, including investigation, fines and unenforceability. Read more…