The European Commission announced Wednesday it has updated and revised its so-called “safe harbor” rules that set the threshold for what the Commission considers an appreciable restriction of competition when companies make minor agreements between each other.
The Commission issued its De Minimis Notice to announce that companies with market shares of less than 10 percent can make agreements with competitors, and companies with less than 15 percent can make agreements with non-competitors, on the grounds that these deals do not threaten significant harm to market competition.
The authority said the thresholds that create a safe harbor for those companies “allows the Commission to concentrate its resources on agreements with a higher risk of distorting competition in the Single Market.” The notice, however, clarifies that agreements intended to distort competition are not considered “minor” and do not quality for the safe harbor immunity.
Full content: Europa
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
EU Extends Support for Farms and Fisheries Amid Market Disruptions
May 5, 2024 by
CPI
Sony and Apollo Bid $26 Billion for Paramount Acquisition
May 5, 2024 by
CPI
Goldman Sachs Resolves Decade-Old Metal-Rigging Class Action Lawsuit
May 5, 2024 by
CPI
Italian Antitrust Ruling Puts Halt on Intesa Sanpaolo’s Fintech Ambitions
May 5, 2024 by
CPI
Google Antitrust Case: Closing Arguments Conclude
May 5, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Economics of Criminal Antitrust
Apr 19, 2024 by
CPI
Navigating Economic Expert Work in Criminal Antitrust Litigation
Apr 19, 2024 by
CPI
The Increased Importance of Economics in Cartel Cases
Apr 19, 2024 by
CPI
A Law and Economics Analysis of the Antitrust Treatment of Physician Collective Price Agreements
Apr 19, 2024 by
CPI
Information Exchange In Criminal Antitrust Cases: How Economic Testimony Can Tip The Scales
Apr 19, 2024 by
CPI