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Co-Operation Agreement Definition

This glossary is the list of keywords used by the Search Engine Competitions. Each keyword is automatically updated by the latest EU and national jurisdictions of the e-Competitions bulletin and competition review. The definitions are included in the DG COMP glossary on EU competition policy concepts (© European Union, 2002) and the OECD glossary of competition rules (© OECD, 1993). Cooperation agreements are concluded in the framework of mutual negotiation, in accordance with the relevant legal instruments, and then signed by competent representatives of the parties. However, agreements are living documents that can be modified or replaced by new agreements if necessary. The legal basis for cooperation is defined in cooperation agreements. Today, we have agreements with a number of international organizations, such as.B.: cooperation is “horizontal” when an agreement is reached between real or potential competitors. In addition, these guidelines also cover horizontal cooperation agreements between non-competitors. B, for example, between two companies that operate in the same product markets but in different geographic markets, without being potential competitors. Horizontal cooperation agreements can generate significant economic benefits, particularly when they combine complementary activities, capabilities or assets. Horizontal cooperation can be a way to share risk, reduce costs, increase investment, pool know-how, improve product quality and diversity, and accelerate innovation.

On the other hand, horizontal cooperation agreements can create competition problems. That is the case, for example. B, where parties agree to set prices or production or share markets, or where cooperation allows the parties to retain, gain or increase market power, which can have negative effects on the market in terms of price, production, product quality, product diversity or innovation. While the Commission recognises the benefits of horizontal cooperation agreements, it must ensure that effective competition is maintained. Section 101 provides a legal framework for a balanced assessment that takes into account both the negative effects on competition and the pro-competitive effects. © EUR Lex Relations between the EU and Mercosur are based on the 1995 Inter-Regional Cooperation Framework Agreement (in force since 1999).20 Negotiations on an inter-regional association agreement were suspended in 2004 due to differences of opinion on the trade side. We also work with private organizations such as NGOs, associations, foundations, academies or companies. These relationships are formalized in various legal instruments, such as cooperation agreements and MEMORANDUMs of understanding.