The New Sustainability Exemption in Austrian Competition Law
Journal of European Competition Law & Practice (2022), pages 426-434
12 Pages Posted: 14 Dec 2021
Date Written: October 29, 2021
Abstract
A new sustainability exemption entered into force with Austria’s most recent competition law amendment of September 2021. The new exemption provision’s aim is to promote genuine green cooperation. The sustainability exemption’s scope of application, however, is not yet clear. The Austrian Federal Competition Authority is set to publish sustainability guidelines in 2022 in order to provide companies with further guidance. It also remains an open question to what extent the new provision is compatible with Article 101 para 3 TFEU.
Keywords: Competition law, sustainability, exemption, convergence rule
JEL Classification: K21
Suggested Citation: Suggested Citation