EC adopts new competition law guidelines on cooperation between competitors

Posted by D. Daniel Sokol

My friend Steve Cernak emails the following update:

First link below is to press release.  Second link is to the 94 page set of guidelines in English.  The press release says the guidelines provide a framework for analysis of most horizontal cooperation and include a new chapter on information exchange and a revised chapter on standardization agreements.  Two block exemptions related to specialization and R&D agreements were also adopted.    

http://europa.eu/rapid/pressReleasesAction.do?reference=IP/10/1702
http://ec.europa.eu/competition/antitrust/legislation/horizontal_guidelines_en.pdf