LK Shields Solicitors

The revised competition regime for technology transfer agreements and its impact on high-tech SMEs

In March 2014, the European Commission adopted a revised competition regime for technology transfer agreements.

Commission Regulation EU 316/2014 of 21 March 2014 applies from 1 May 2014 to agreements by way of which companies authorise the use of patents, know-how or software by another company for the production of goods and services. The new rules update and replace the previous legal regime.

The provisions, which take the form of the Technology Transfer Block Exemption Regulation and accompanying Technology Transfer Guidelines, create an area of certainty for most licensing agreements from a competition law point of view…

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