On Wednesday 31 May, the European Commission adopted a revision of the Block Exemption Regulations (BER) applicable to horizontal agreements between undertakings with regard to research and development (R&D) agreements and specialisation agreements.
These two BERs applicable to horizontal agreements exempt, under certain conditions, R&D-related agreements and specialisation agreements from the prohibition on anti-competition agreements or practices laid down in Article 101(1) of the Treaty...