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The role of the exemptions in Art. 101 para. 3 TFEU has been addressed by the ordoliberal school of competition theory and changed by the "more economic approach".
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The Commission's interpretation of Art. 101 TFEU has evolved over time and has now moved towards an"economic approach" of modern EU Competition Law. It focuses on an effect-based analysis model: an analysis weighing anti-and pro-competitive effects of restrictive agreements.
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Responsible: The Free University of Berlin represented by its President. |
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