Firm footing for agreements
2 April 2012
So-called “vertical agreements” have been set on a firmer legal footing by the European Union’s industrial affairs council.
So-called “vertical agreements” have been set on a firmer legal footing by the European Union’s industrial affairs council. Vertical agreements allow firms at different levels of the production or distribution chain to dictate how their products are used. Previously, such agreements theoretically breached competition policy. But the council has given the European...