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Mar 27
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DOMAIN OF APPLICATION OF THE RULE OF REASON TO RESTRICTIVE AGREEMENTS

Sanja Danković Stepanović

10.5937/PiP2102107D
ABSTRACT /

The paper examines the basis and domain of application of the rule of reason to restrictive agreements. When the agreement will not be qualified as restrictive, and furthermore by which of five level basis a transaction is separated out of a prohibition regime and consequence of nullity annulled? The result of the paper is a three-category legal model that assumes the application of quantitative and then qualitative indicators, which further imply subjective-objective criteria for assessing the anti-competitive potential of the agreement. After the application of the de minimis rule, the transaction is being subject of a systematic and target consecutive analysis, and then by applying the rule of reason – considering the circumstances of the individual case and categorizing them as anticompetitive risk, and possible wider positive effect – in the last instance allowed the possibility of one of the five scenarios of exceptions to the initial principle of absolute prohibition.

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