| 释义 |
block exemption
Exemption from Article 101 of the Treaty on the Functioning of the European Union (previously Treaty of Rome) for certain types of anticompetitive agreements that fall within the scope of special EU regulations that have direct effect in the EU (see Community legislation). Block exemptions exist in a number of different areas, including vertical agreements, research and development, specialization, and technology transfer. The regulations are published in the EU’s Official Journal; any agreement that complies with the regulations will be exempt from Article 101. Many contracts in the EU are drafted to comply with the block exemption regulations by using the wording of those regulations in the agreements themselves. EU block exemptions provide an automatic exemption from the provisions of the UK Competition Act 1998 and continue to apply after Brexit, having been adopted as retained EU law. |