New Vertical Block Exemption Regulation 2022/720 in effect from 1 June 2022

A new Vertical Block Exemption Regulation 2022/720 (“VBER”) entered into effect on 1 June 2022. It replaced Regulation 330/2010 which applied until 31 May 2022. The new VBER sets out amended rules for block exemption of certain vertical agreements from the prohibitions of Article 101 TFEU aimed at protection of competition in the EU market. …

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