In our earlier GT Alert, we highlighted that on 1 June 2023 the European Commission adopted the revised Research and Development Block Exemption Regulation (R&D BER) and Specialization Block Exemption Regulation (SBER), together referred to as the Horizontal Block Exemption Regulations (HBER), and accompanying Horizontal Guidelines (Guidelines). The HBER entered into force on 1 July 2023 and is valid for 12 years. It allows for a two-year transitional period for existing agreements to align with the new legislation. After publication in the Official Journal of the EU on 21 July 2023, the Guidelines entered into force.
EU’s New HBER and Horizontal Guidelines: Main Changes
