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9The criteria for individual and block exemptions

This section applies to any agreement which—

(a)    contributes to—

(i)    improving production or distribution, or

(ii)    promoting technical or economic progress,

while allowing consumers a fair share of the resulting benefit; but

(b)    does not—

(i)    impose on the undertakings concerned restrictions which are not indispensable to the attainment of those objectives; or

(ii)    afford the undertakings concerned the possibility of eliminating competition in respect of a substantial part of the products in question.

NOTES
Initial Commencement
To be appointed

To be appointed: see s 76(3).
Exemptions99 Competition Law99

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