EXEMPTION FROM STANDARD EU COMPETITION RULES CONTINUES FOR AUTO SECTOR
May 1st, 2010
BY KEITH NUTHALL
THE RELEASE today (May 27) by the European Commission of new binding rules on how the various elements of the European Union (EU) auto sector should compete has been welcomed by the industry. Why? Because - largely - automakers, sellers and repairers got what they wanted.
The auto sector in Europe is unusual because it benefits from what is called a 'block exemption' from EU laws on competition, which usually ban formal collusion between manufacturers, retailers and repairers. Instead special competition rules apply for the auto sector in Europe ...
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