The European Commission launched on Friday 9 July a public consultation inviting all interested parties to comment on the draft Vertical Block Exemption Regulation on agreements and the draft Guidelines on Vertical Restraints.
The reform of these texts had been launched in October 2018 (see EUROPE B12555A24).
Margrethe Vestager, Executive Vice-President for competition policy, said the proposed revised rules “aim to keep up with market developments that have transformed the way...