EU Clarifies Rules On Cooperation Deals Between Rivals

Law360, New York (December 14, 2010, 5:05 PM EST) -- The European Commission has revised its competition rules on cooperation agreements between rivals in order to provide greater guidance as to what's allowed under agreements covering standard-setting, information exchanges, and research and development.

The changes unveiled Tuesday help companies analyze the most common forms of their cooperation agreements. The revisions exempt certain types of research and development, specialization, and production agreements that are unlikely to raise competition concerns, the EC noted.

The new rules replace the previous horizontal guidelines and two block exemption regulations for research...
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