Economic theory and competition law | French Distribution Law (Section Intro.2.2) • Livv

9. New generation block exemption regulations.

Over the last twenty or so years, influenced by the economic analysis of vertical restraints, the Commission has clearly affirmed its desire to adopt an economic and less formalist approach when implementing its block exemption regulations . This …

10. Block exemption regulations - economics vs law.

The influence of economics on the law was clearly the intention of the authors of the regulations as a reaction to the excessive formalism of the previous regulations. In that sense, the regulations are part of a certain revolt by economics against …

11. Scope of the block exemption regulations.

The new EU approach first of all influenced national law, on the one hand through the principle of primacy whereby EU law and national law are cumulatively applied, and on the other hand by imitation of EU law where only national law is applicable. …