PROHIBITION OF PARALLEL IMPORTS AS A HARD CORE RESTRICTION OF ARTICLE 4 OF BLOCK EXCEPTION REGULATION FOR VERTICAL AGREEMENTS EUROPEAN LAW AND ECONOMICS

Nikolaos Zevgolis () and Panagiotis Fotis
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Nikolaos Zevgolis: Athens University of Economics and Business Athens Greece, Postal: GR

Journal of Advanced Research in Law and Economics, 2011, vol. 2, issue 4, 162-174

Abstract: This paper attempts to highlight the main principles of Competition Law regulatory and case law framework covering the prohibition of parallel imports and to reveal the main effects of it on the competitive structure of the market Especially the regulatory framework relates Block Exception Regulation 330 2010 with Block Exception Regulation 461 2010 in order to determine whether prohibition of parallel imports constitutes a hardcore restriction or not while the economic analysis evaluates it in a vertical market with few suppliers buyers which sell goods to the final domestic consumers The results indicate that the prohibition of parallel imports by upstream sellers cause vertical restraints to the domestic customers of the buyers In any case this paper focusing mainly on consumer welfare does not necessarily link parallel imports with the notion of parallel trade and or parallel exports as well as it does not provide the pros and cons of parallel trade

Date: 2011
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Working Paper: Prohibition of parallel Imports as a hard core Restriction of Article 4 of Block Exception Regulation for vertical Agreements: European Law and Economics (2011)
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Persistent link: https://EconPapers.repec.org/RePEc:srs:jarle0:v:2:y:2011:i:4:p:162-174

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