Overview

vertical agreement


Show Summary Details

Quick Reference

Agreements between businesses at different levels of the supply chain; for example, agreements between suppliers and distributors or between wholesalers and retailers (compare horizontal agreements). EU regulation 2790/99 exempts certain vertical agreements from the competition rules. The EU exemption applies provided that clauses from a list of banned clauses are not included in the agreement concerned and a 30% market share threshold is not exceeded. Many vertical agreements benefit from block exemption protection.

Subjects: Law.


Reference entries

Users without a subscription are not able to see the full content. Please, subscribe or login to access all content.