Fostering innovation and promoting collaboration among companies: what is new under the Block Exemption Regulations

On July 1st, 2023, a significant milestone was reached within the EU legal framework with the entry in force of two impactful Regulations: EU Regulation 2023/1066 and EU Regulation 2023/1067. The former (the R&D Block Exemption Regulation) focuses on the application of Article 101(3) TFEU to specific categories of R&D agreements. Conversely, the latter, also known as Specialisation Block Exemption Regulation, addresses the application of Article 101(3) of the TFEU in relation to certain categories of specialisation agreements. These newly revised Regulations are accompanied by updated Horizontal Guidelines on co-operation agreements between competitor …

Publish date: 19/07/2023