Implementing regulation

Legislative act by the Commission, based on an enabling regulation by the Council, which specifies Community law provisions. Source: Glossary of terms used in EU competition policy, Antitrust and control of concentrations, European Commission, 2002

Individual exemption

Decision of the Commission pursuant to Article 101(3) of the EC Treaty to exempt notified agreements between companies from the prohibition of Article 101(1) of the EC Treaty, on the basis of an individual assessment (seeĀ Block exemption regulation). In broad terms,...

Infringement proceeding

An infringement proceeding is an action against a Member State, which fails to fulfil an obligation under the EC Treaty or under secondary EU legislation. The Commission leads the proceeding on its own initiative or at the request of another Member State. Individuals...

Intellectual property right

General term for the assignment of property rights through, for example, patents, copyrights or trademarks. These property rights give the holder the exclusive right to exploit the innovation. The holder thus has monopoly power on the use of the item, normally for a...