Today, we issue our first-ever opinion on a sustainability agreement in the agricultural sector under EU competition rules 📑 🍇 The opinion concerns an agreement on the setting of indicative prices for wine produced in accordance with the standards for organic and for Haute Valeur Environnementale (‘HVE') wines, in the French region of Occitanie. The envisaged agreement is between producers of wine meeting these standards and buyers of such wine, to guide bulk wine transactions. ✅ The objective is to incentivise the relevant producers to maintain their sustainable production practices. After careful assessment, we concluded that the agreement: • Involves agricultural producers • Relates to trade in agricultural products • It aims at contributing to several sustainability objectives and at applying sustainability standards that are higher than what is mandated by Union or national law • Any possible restriction of competition stemming from the agreement is indispensable for the attainment of those standards. 👌 On this basis, we issued a positive opinion under Article 210a of the CMO Regulation. Read more 👇 🔗 https://europa.eu/!h9QJgw
Competition Law Expert
2dCompetition is dying with fancy names and pretexts.