PART 2Amendment of the Competition Act 1998
3
1
Section 103 is amended as follows.
2
In the heading, for “Parallel exemptions” substitute “Retained exemptions”.
3
Before subsection (1) insert—
A1
An agreement is exempt from the Chapter I prohibition if it falls within a category of agreements specified as exempt in a retained block exemption regulation.
4
Omit subsections (1) and (2).
5
In subsection (3), for “parallel exemption” substitute “retained exemption”.
6
In subsection (4)—
a
for “parallel exemption” substitute “retained exemption”;
b
omit paragraph (a) (together with the final “and”);
c
in paragraph (b), for “exemption from the Community prohibition” substitute “retained block exemption regulation”.
7
In subsection (5)—
a
in paragraph (a)—
i
for “parallel exemption” substitute “retained exemption”;
ii
after “effect” insert “in respect of an agreement”;
b
in paragraph (d), after “exemption” insert “in respect of an agreement”.
8
Omit subsections (9) to (11).
9
After subsection (11), insert—
12
In this Part, “retained block exemption regulation” means the following regulations as amended from time to time—
a
Council Regulation (EC) 169/2009 applying rules of competition to transport by rail, road and inland waterway;
b
Commission Regulation (EC) 906/2009 on the application of Article 81(3) of the Treaty to certain categories of agreements, decisions and concerted practices between liner shipping companies (consortia);
c
Commission Regulation (EU) 330/2010 on the application of Article 101(3) of the Treaty on the Functioning of the European Union to categories of vertical agreements and concerted practices;
d
Commission Regulation (EU) 461/2010 on the application of Article 101(3) of the Treaty on the Functioning of the European Union to categories of vertical agreements and concerted practices in the motor vehicle sector;
e
Commission Regulation (EU) 1217/2010 on the application of Article 101(3) of the Treaty on the Functioning of the European Union to certain categories of research and development agreements;
f
Commission Regulation (EU) 1218/2010 on the application of Article 101(3) of the Treaty on the Functioning of the European Union to certain categories of specialisation agreements;
g
Commission Regulation (EU) 316/2014 on the application of Article 101(3) of the Treaty on the Functioning of the European Union to categories of technology transfer agreements.