Global Competition Law is primarly a practitioner's guide presenting the most salient aspects of the major competition laws country by country, giving an overview of their structure and most charasteristic elements.
Global Competition Law also provides insight into possible future developments in the field.

Global Competition Law

Article 3 of the 2011 Act prohibits all agreements between undertakings, decisions by associations of undertakings and concerted practices which have as their object or effect the prevention, restriction or distortion of competition within the market. The agreements, decisions or concerted practices prohibited by virtue of these provisions are automatically void. …

The prohibition

Article 3 of the 2011 Act prohibits all agreements between undertakings, decisions by associations of undertakings and concerted practices which have as their object or effect the prevention, restriction or distortion of competition within the market. The agreements, decisions or concerted practices prohibited by virtue of these provisions are automatically void.

Individual or block exemptions may be granted to undertakings without it being necessary for undertakings to first notify their agreements. To benefit from such an exemption, undertakings must verify that the conditions for exemption are met.

Article 4 of the 2011 Act provides for an exemption for (i) agreements or category of agreements, (ii) decisions or category of decisions by associations of undertakings or (iii) concerted practices or category of concerted practices which “contribute to improving the production or distribution of goods or to promoting technical or economic progress, while allowing consumers a fair share of the resulting benefit”.

Article 6 authorizes the competition authority to withdraw the benefit of the block exemption in application of Article 29(2) of EC Regulation No 1/2003.

Global Competition Law

501. The prohibition

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Les notions juridiques connexes

501. The prohibition

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Les notions juridiques connexes

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