Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-11-25-Speech-4-301"
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"en.20101125.24.4-301"2
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"Horizontal agreements between companies, accepted in line with legal provisions, are a form of business collaboration that is often essential into order to create considerable economic benefits which ultimately end up benefiting the market and consumers. They are normally cooperation activities that do not involve any coordination in competitive behaviour by the market parties, so they have no effect on competitiveness, but promote gains which would otherwise be impossible. For this reason, they are exempt from implementing Article 101(1) of the Treaty on the Functioning of the European Union. This is especially relevant for the specialisation agreements, and the research and development agreements set out in Regulations (EC) No 2659/2000 and No 2658/2000, which the Commission is now proposing to revise. At a time when Europe needs investment in research and development and should be investing in innovation, it is vital that the legal prerequisites for the creation of the necessary synergies between companies operating in the market are put in place, in compliance with competition law."@en1
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