Black clause

See: Hard-core restrictions Source: Glossary of terms used in EU competition policy, Antitrust and control of concentrations, European Commission, 2002 Share...

Block exemption

Regulation issued by the Commission or by the Council pursuant to Article 101(3) of the EC Treaty, specifying the conditions under which certain types of agreements are exempted from the prohibition on restrictive agreements laid down in Article 101(1) of the EC...