Article 11 Effect of breach of conditions in article 5, 6, 7, 8 or 10I1
United Kingdom
(1)
(2)
In the case of a breach of the condition in paragraph (8) of article 8, if the combined market share of the undertakings which are parties to the agreement does not exceed the 25% threshold referred to in that paragraph at the end of the seven year period referred to in that paragraph, but subsequently rises above that level, the breach has the effect of cancelling the block exemption but only with effect from the end of the period of two consecutive calendar years following the year in which the 25% threshold referred to in article 8(8) was first exceeded.
Annotations
Commencement
- I1
Art. 11 in force at 1.1.2023, see art. 1(b)