{"id":12316,"date":"2022-07-24T21:27:52","date_gmt":"2022-07-24T21:27:52","guid":{"rendered":"http:\/\/legalblog.ie\/?p=12316"},"modified":"2022-09-25T15:34:59","modified_gmt":"2022-09-25T15:34:59","slug":"commission-exemption-power","status":"publish","type":"post","link":"https:\/\/legalblog.ie\/commission-exemption-power\/","title":{"rendered":"Commission Exemption Power [EU]"},"content":{"rendered":"

EU rules on concerted practices and agreements between companies<\/p>\n

Regulation No 19\/65\/EEC on application of EU treaties to certain types of agreements and concerted practices between companies<\/p>\n

Article 101 of the Treaty on the Functioning of the European Union (TFEU) – competition rules applying to companies<\/p>\n

Article 101 (2) states that all agreements that fall within the scope of Article 101(1) are void unless they are exempted under Article 101(3).<\/p>\n

Article 101(3), however, allows for exceptions to be made to this rule where these agreements or practices:<\/p>\n

benefit the production or distribution of goods; or
\npromote economic or technical progress; and
\nallow consumers a fair share of the resulting benefit.<\/p>\n

The regulation applies Article 101(3) TFEU to certain types of agreements and concerted practices between companies where their pro-competitive benefits are greater than their anti-competitive impact.<\/p>\n

The regulation empowers the European Commission to apply Article 101(3) TFEU by regulation to certain categories of vertical agreements and corresponding concerted practices falling within the ambit of Article 101(1) TFEU.<\/p>\n

It lays down the conditions whereby the Commission, having consulted interested parties and the Advisory Committee on restrictive practices and dominant positions, may adopt a regulation declaring that Article 101(1) does not apply to an individual case or to categories of agreements:<\/p>\n