Article 101 of the Treaty on the Functioning of the European Union | Practical Law

Article 101 of the Treaty on the Functioning of the European Union | Practical Law

This Practice note considers the scope and application of Article 101 of the Treaty on the Functioning of the European Union (TFEU) to commercial agreements. Article 101 prohibits agreements that have as their object or effect the restriction, prevention or distortion of competition within the EU and which have an effect on trade between EU member states. Definitions of each of these elements is provided, together with guidance on the risks of infringement and on the possibility of obtaining an exemption from the Article 101 prohibition. Guidance on the enforcement of EU competition law under Regulation 1/2003 is also provided.

Article 101 of the Treaty on the Functioning of the European Union

Practical Law UK Practice Note 0-107-3707 (Approx. 52 pages)

Article 101 of the Treaty on the Functioning of the European Union

by Practical Law Competition, based on an original by Hogan Lovells International LLP
Maintained • European Union
This Practice note considers the scope and application of Article 101 of the Treaty on the Functioning of the European Union (TFEU) to commercial agreements. Article 101 prohibits agreements that have as their object or effect the restriction, prevention or distortion of competition within the EU and which have an effect on trade between EU member states. Definitions of each of these elements is provided, together with guidance on the risks of infringement and on the possibility of obtaining an exemption from the Article 101 prohibition. Guidance on the enforcement of EU competition law under Regulation 1/2003 is also provided.