On June 1, 2023, the European Commission (EC) adopted revised Horizontal Guidelines (HGs) and two updated block exemption regulations (BERs) on research and development (R&D) and “specialisation” agreements. These materials provide valuable guidance on how European Union (EU) competition law applies to agreements between competitors. The BERs apply from July 1, 2023. The documents are intended to remain in force until June 2035.
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