on the application of Article 101(3) of the Treaty on the Functioning of the European Union to groups of vertical agreements and concerted practices Certain types of vertical agreements may improve the economic efficiency of a production or distribution chain by facilitating better coordination between the undertakings concerned. In particular, they can lead to a reduction in the transaction and distribution costs of the parties and to an optimization of their level of turnover and investment. Regulation No 19/65/EEC authorises the Commission to apply, by means of a regulation, Article 101(3) of the Treaty on the Functioning of the European Union (2) to certain categories of vertical agreements and concerted practices covered by Article 101(1) of the Treaty. Keywords: Vertical agreements, Communiqué No 2002/2, block exemption, competition law, Law No 4054 For the application by regulation of Article 101(3) of the Treaty, it is not necessary to define the vertical agreements which may fall within the scope of Article 101(1) of the EC Treaty. Several factors must be taken into account in the individual assessment of the agreements referred to in Article 101(1) TFEU, including the structure of the market on the supply and purchase side. The prohibition laid down in Article 101(1) of the Treaty shall apply during the period from 1 June 2010 to 31 May 2011 for agreements already in force on 31 May 2010 which do not fulfil the conditions for exemption laid down in this Regulation but which, on 31 May 2010, fulfilled the conditions for exemption laid down in Regulation (EC) No 2790/1999. Vertical agreements allow companies to effectively market and market products; It is therefore the result of increased competition between brands. Where the conditions are met, certain trade marks may be exempted from the prohibition in article 4 of Law No. 4054 on the Protection of Competition (“Law No. 4054”). The benefit of the block exemption introduced by this Regulation should be limited to vertical agreements for which it is reasonably certain that they fulfil the conditions set out in Article 101(3) TFEU.
(1) The exemption provided for in Article 2 does not apply to the obligations of the following vertical agreements: in order to ensure access to or the prevention of collusion on the relevant market, the block exemption should be subject to certain conditions. . . .