Withdrawal

Withdrawal (of the benefit of a block exemption) in the European Union Law

Concept of Withdrawal (of the benefit of a block exemption) provided by the “Glossary of terms used in EU competition policy” (Antitrust and control of concentrations, published in 2002): Possibility for the Commission (or in certain cases for the national competition authorities) to withdraw the benefit of exemption from the prohibition of Article 81(1) of the EC Treaty, granted to an agree-ment by a () block exemption regulation. The Commission may withdraw the benefit of a block exemption if it considers that specific circumstances, which are mentioned by the relevant block exemption regulation, bring about the need for a closer examination of possible anti-competitive effects of the agreement.

(See: Article 7 of Council Regulation No 19/65/EEC as amended by Article 1(4) of Council Regulation (EC) No 1215/1999 of 10 June 1999.)