释义 |
vertical agreements Agreements between businesses at different levels of the supply chain; for example, agreements between suppliers and distributors or between wholesalers and retailers (compare horizontal agreements). EU regulation 330/2010 exempts certain vertical agreements from the EU competition rules. Vertical Guidelines accompany the regulation to explain its scope. The EU exemption applies provided that clauses from a list of banned clauses are not included in the agreement concerned and a 30% market share threshold is not exceeded. Many vertical agreements benefit from block exemption protection.As the UK adopted the regulation as retained EU law from 1 January, 2021 its provisions continue to apply in the UK. Regulation 330/2010 has an expiry date and is due to be replaced with a new but similar version from 1 June 2022. |