European Commission unveils updated Vertical Block Exemption Regulation (VBER)

On 10 May, the European Commission published the new Vertical Block Exemption Regulation (‘VBER’) accompanied by the new Vertical Guidelines. The Commission has also published an explanatory note. The revised VBER and Vertical Guidelines will enter into force on 1 June 2022.

HOTREC’s initial takeaways from the text, which will affect relations between hospitality businesses and online intermediaries such as OTAs and restaurant delivery platforms, are that wide price parity clauses will not benefit from the block exemption anymore – which means that they will be considered as incompatible with the EU Treaties. Narrow price parity clauses will remain authorised as a general rule but it will be possible for the European Commission to withdraw this authorisation in highly concentrated markets.

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29 Sep
29/09/2022    
All Day
On the 3rd edition of the International Day of Awareness of Food Loss and Waste (IDAFLW), celebrated on 29 September, the FAO and UNAP have [...]
Meeting Czech Presidency - Energy Performance of buildings
03/10/2022    
11:00 - 11:30
Outcome of the meeting available
05 Oct
05/10/2022    
16:30 - 17:30
Hotel At Six, Stockholm, Sweden   -     Meeting Room : Studio 8 Draft Agenda for ExCom Meeting on 5 October 2022, Stockholm, Sweden Welcome by [...]
06 Oct
06/10/2022 - 07/10/2022    
All Day
On 6-7 October 2022, HOTREC will organise its 85th General Assembly in Stockholm, Sweden.
17 Oct
17/10/2022    
10:00 - 12:00
On 17 October 2022, HOTREC will organise its Working Group on Short-Term Rentals (STR).
27 Oct
27/10/2022    
10:00 - 12:00
On 27 October 2022, HOTREC will organise a meeting of its Sustainability working group.
Events on 05/10/2022
Events on 06/10/2022
Events on 17/10/2022
Events on 27/10/2022