European Commission 10 May 2022, Commission Regulation (EU) 2022/720 of 10 May 2022 on the application of Article 101(3) of the Treaty on the Functioning of the European Union to categories of vertical agreements and concerted practices (Text with EEA relevance)

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The Commission Regulation (EU) 2022/720 establishes a block exemption for certain categories of vertical agreements and concerted practices under Article 101(3) of the Treaty on the Functioning of the European Union, aiming to enhance economic efficiency while preventing anti-competitive effects. Key provisions include a market share threshold of 30% for presuming compliance with competition rules, specific conditions for dual distribution scenarios, and restrictions on hardcore limitations such as minimum resale prices. The regulation applies directly in all Member States and is effective from June 1, 2022, until May 31, 2034, with provisions for withdrawal of the exemption by the Commission or national authorities in cases of anti-competitive effects.AI