Variable costs

Costs that vary with the amount of production. Examples are the costs of material and energy used in the production process. Source: Glossary of terms used in EU competition policy, Antitrust and control of concentrations, European Commission, 2002

Vertical agreement

Agreement or concerted practice entered into between two or more undertakings each of which operates, for the purposes of the agreement, at a different level of the production or distribution chain, and relating to the conditions under which the parties may purchase,...

Verticals block exemption

Originally published at:  http://eur-lex.europa.eu/LexUriServ/LexUriServ.do?uri=OJ:L:2010:102:0001:01:EN:HTML Commission Regulation (EU) No 330/2010 of 20 April 2010 on the application of Article 101(3) of the Treaty on the Functioning of the European Union to...