Law360, New York (May 07, 2010, 12:55 PM ET) -- On April 20, 2010, the European Commission adopted a new Regulation (No 330/2010) listing the conditions under which vertical restraints are exempt from the prohibition on anti-competitive agreements (defined by Article 101(1) of the Treaty on the Functioning of the European Union, “TFEU”, formerly known as Article 81(1) of the EC Treaty), as well as new Guidelines providing guidance to firms on how to self-assess the compatibility with Article 101 of vertical agreements falling outside the scope of the Regulation’s safe harbor. The new rules will...