The Vertical Block Exemption Regulation expires on 31 May 2022. The Regulation exempts agreements between different levels of the same supply chain from the EU’s competition rules.
In a business environment reshaped notably by the growth of e-commerce, this initiative aims to revise the rules to:
- provide up-to-date guidance
- cater for business needs in accordance with competition rules.
The aim is to have revised rules in place for when the current rules expire.
See also: EU competition rules – revision of the Vertical Guidelines.