The Vertical Block Exemption (VBER) Review
In this episode, we look at the Commission’s draft Vertical Block Exemption Regulation (VBER) and associated Guidelines, which are set to replace the existing 11 year old legislation in advance of its expiration. The Commission has been consulting on this revision since 2018, culminating in a draft published in July 2021. We go through some noteworthy changes, which reflect Commissioner Vestager’s desire to accord ‘a small privilege [to] those who also want to do brick-and-mortar’.
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