Article | The European Commission publishes its draft Regulation and Guidelines on vertical agreements
3rd August 2021
After various rounds of consultations, on 9 July 2021, the European Commission (“Commission”) published for public consultation the long-awaited draft revised Vertical Agreements Block Exemption Regulation (“draft VBER”) and accompanying draft revised Guidelines on Vertical Restraints (“draft Guidelines”) . Together, the two documents set out the framework for the assessment of ‘vertical’ agreements, i.e. agreements between parties operating at different levels of the supply chain.
In this briefing, we highlight the key proposed changes made by the Commission in the draft VBER and draft Guidelines.
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