Paragraph 9 Commission Regulation (EU) 316/2014

(1)

Commission Regulation (EU) 316/2014 on the application of Article 101(3) of the Treaty on the Functioning of the European Union to categories of technology transfer agreements is amended as follows.

(2)

In Article 1(1), after point (c), insert—

“(ca)
“the Chapter 1 prohibition” means the prohibition imposed by section 2(1) of the Competition Act 1998;”.

(3)

In Article 2—

(a)

for paragraph 1 substitute—

“Subject to the provisions of this Regulation, technology transfer agreements are exempt from the Chapter 1 prohibition.”;

(b)

in paragraph 2, for “Article 101(1) of the Treaty” substitute “the Chapter 1 prohibition”.

(4)

In Article 5(1), in point (b), for “which the other party holds in the Union” substitute “held by the other party which have effect in the United Kingdom”.

(5)

Omit Articles 6, 7 and 10.

(6)

In the words after Article 11, omit the words from “This Regulation shall be binding” to “Member States.”.