the journey towards an effects-based approach under article 101 modernisation and hardcore...
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![Page 1: The Journey Towards an Effects-based approach under Article 101 Modernisation and Hardcore Restraints Alison Jones](https://reader036.vdocument.in/reader036/viewer/2022062421/56649d605503460f94a409d0/html5/thumbnails/1.jpg)
Alison Jones
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The EU Modernisation Process
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The Modernisation Process
1999: new regime for
vertical agreements
2004: Technology transferRegulation 1/2003
New Merger Reg
2010: New Verticals Reg and GLs Review of horizontal regime
2005-2009: Review of approach to abusive exclusionary conduct by
dominant firms
2000: new regime for horizontal
cooperation agreements
1996: the journey begins
with Green Paper on vertical
restraints
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Why was Modernisation necessary?
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Core Criticism
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Too many agreements were being sucked within Article 101(1) and forced into a straightjacket to satisfy Article 101(3) – treatment of agreements by category
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Reform of Approach to Vertical Agreements – generally welcomed
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Remaining problems?
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Remaining problems
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Commission’s viewObject restraints
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What is wrong with this position?
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But ...
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Latest review
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How could change happen?
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Reconsideration of object category?
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Refining the Category
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No per se illegality
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No appreciable restriction of competition?
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Satisfying the Art 101(3) conditions?
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Possible change under recent Verticals review? Changes to Vertical BER?
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Efficiency Defence?
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