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THE BIZNOB – Global Business & Financial News – A Business Journal – Focus On Business Leaders, Technology – Enterpeneurship – Finance – Economy – Politics & LifestyleTHE BIZNOB – Global Business & Financial News – A Business Journal – Focus On Business Leaders, Technology – Enterpeneurship – Finance – Economy – Politics & Lifestyle

Business

Business

EU prolongs freedom on auto deals for distribution, repairs

European Union Photo Credit: Kenneth European Union Photo Credit: Kenneth
European Union Photo Credit: Kenneth European Union Photo Credit: Kenneth

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The European Commission has extended for five years rules allowing the auto sector to make agreements with distributors, spare part shops, and repair garages, focusing on vehicle-generated data.

On Monday, the EU executive extended the Motor Vehicle Block Exemption Regulation (MVBER) to May 31, 2028. The 2010 rule expired in May.

EU antitrust laws generally ban agreements between companies at different production or distribution chain stages that impede competition.

The MVBER allows such partnerships if they improve distribution, advance technology, and share financial benefits with customers.

The Commission modified its regulation guidelines to state that independent repairers should have equitable access to car sensor data.

EU antitrust regulations prohibit agreements between enterprises at different phases of manufacturing or distribution that hinder competition.

If they improve distribution, technology, and customer financial benefits, the MVBER allows such collaborations.

The Commission now requires independent repairers to access automobile sensor data equally.


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