What’s new? On 1 June 2022, the new Vertical Block Exemption Regulation (“VBER“) as well as the revised Guidelines on vertical restraints (“Guidelines“) entered into force. They were adopted following a thorough review of the 2010 texts. The revised framework provides up-to-date rules and guidance allowing companies to self-assess the compatibility of supply and distribution agreements with EU competition rules considering an economic context reshaped by the growth of e-commerce and online sales.
A one-year transition period applies for agreements in force on 31 May 2022 satisfying the conditions for exemption under the 2010 rules, but which do not comply with the new regime.
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