European Commission reviews the framework for horizontal cooperation agreements

The European Commission has opened a public consultation on the regime for the assessment of horizontal cooperation agreements. The current rules include a block exemption regulation on specialization agreements and another one on research and development agreements, as well as guidelines on horizontal agreements of various types. The consultation seeks experiences from the business community and other stakeholders on how these current rules have worked in practice. The current specialization and R&D block exemption regulations will expire at the end of 2010, and the Commission is preparing the regime to be applied thereafter.