BRUSSELS ABOUT TO EMBARK ON BLOCK EXEMPTION REVIEW

BY KEITH NUTHALL THE LONG awaited formal review of the European Union's (EU) block exemption for the EU auto sector from standard European competition rules should be launched next Wednesday (22-7). The ruling 'college' of the European Commission - the EU executive - is poised to release a detailed consultation paper that day on "how we should or shouldn't revise the current rules", an Brussels official said. Authorisation for the existing system expires next May, and the Commission must approve a replacement before that date - using its own powers. ...


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