What does Article 101 Prohibit?

What does Article 101 Prohibit?

Article 101 of the Treaty on the Functioning of the European Union prohibits cartels and other agreements that could disrupt free competition in the European Economic Area’s internal market.

What is the difference between Article 101 and Article 102?

Article 101 prohibits anti-competitive agreements between two or more independent market operators. Article 102 prohibits abusive behaviour by companies holding a dominant position on any given market.

What is the block exemption for vertical agreements?

The Vertical Block Exemption Regulations exempt agreements between manufacturers and distributors provided their agreements do not contain price-fixing and other hardcore restrictions and both do not have over a 30% market share.

Is Article 101 TFEU effective?

It concludes that Article 101 is currently not being enforced effectively against restrictions of competition by effect.

What does Article 101 of the Treaty on the Functioning of the European Union say about mergers and acquisitions?

Article 101 prohibits agreements, concerted practices and deci- sions of an association of undertakings that restrict competition, with the requirement that the agreement has the potential to affect trade between EU member states. Horizontal agreements (agreements between competitors).

Does the EU have antitrust laws?

So far, the EU has tackled antitrust issues on a case-by-case basis, but the DMA is intended to introduce sweeping reforms that will address systemic issues in the whole market.

What is a VBER?

The VBER provides parties to vertical agreements (i.e., agreements entered into between businesses operating at different levels of the supply chain) with increased certainty about the compatibility of their agreements with Article 101(1) of the Treaty on the Functioning of the European Union (TFEU), by creating a safe …

What is the purpose of Article 101 TFEU?

Article 101 of the Treaty on the Functioning of the European Union (TFEU) prohibits any agreements or cartels between Member States that could disrupt free competition within the internal market.

What are structural competition problems?

Structural competition problems are those which relate to market characteristics that may have an adverse effect on competition or result in inefficient market outcomes, such as higher prices, lower quality, less choice and innovation.