Extract to table
Pull the structured facts out of a document: parties, dates, amounts, obligations.
Extract to table / eu-competition-vber-memo.docx
eu-competition-vber-memo.docx
Parties
Lumos Analytics Inc
Meridian Data Solutions GmbH
Parties Lumos Analytics Inc
Meridian Data Solutions UK Ltd
Meridian Data Solutions SARL
Harkness LLP
Thornbridge Whitaker LLP
Westmark Services Inc
Dates
March 22, 2024
April 1, 2024
March 31, 2029
June 1, 2022
May 31, 2034
January 31, 2020
December 31, 2020
March 15, 2024
December 31, 2028
Amounts
$30,000,000
$4,500,000
$6,900,000
$187.4
€312
$33.7
$41.2
$2.5
$4.0
€50
Obligations
Accordingly, Article 101 TFEU is applicable, and the Agreement must either fall outside the scope of Article 101(1) or qualify for exemption
If either party's market share exceeds 30%, the agreement falls outside the safe harbor and must be assessed individually under Article 101(1) and (3) TFEU
Importantly, even if an agreement falls outside the VBER because the market share threshold is exceeded, it does not automatically violate Article 101(1); it simply means that the agreement cannot benefit from the block exemption and must be evaluated on its own merits
Certain types of restrictions are "excluded" from the benefit of the VBER, meaning that while their inclusion does not remove the entire agreement from the safe harbor, the specific excluded restriction itself is not exempted and must be assessed individually under Article 101(1) and (3)
2 of the Agreement expressly provides that Meridian "shall be free to determine, in its sole discretion, the prices at which it resells Lumos Prism™ subscriptions to end users
4 of the Agreement, Meridian may appoint sub-distributors only with Lumos's prior written consent, which shall not be unreasonably withheld