Block Exemptions

Block exemptions are legal provisions that allow certain categories of agreements or practices to be exempt from competition laws, typically to promote efficiency and innovation. For example, if businesses collaborate in ways that could normally restrict competition, block exemptions may permit this collaboration if it improves market conditions or benefits consumers. By providing a "safe harbor," these exemptions encourage companies to work together on projects that can lead to advancements or cost reductions, while still maintaining fair competition in the market.