The Competition Authority at the end of last week published Opinion 1/23 on the matter of Vertical Price Maintenance Arrangements. This opinion replaces Opinion 2/17, which also dealt with this practice. The update of the opinion derived from the change in the type of amendment for arrangements that are not horizontal, which in fact determined that vertical arrangements that include RPM arrangements will be examined by the parties as part of their self-assessment and not by the Competition Authority, as in the past. The significance of this is that the responsibility for examining these arrangements lies with the parties to the arrangement and all that entails.
Following is a client update in which Adv. Avi Grossman, partner and head of the Competition and Antitrust field at our firm expands on the subject.
For reading: https://bit.ly/3DWRThB
The stated in this document is general information only and does not constitute a legal opinion or legal advice, and should not be used in any other way.