Exclusive distribution

A distribution system, in which a company grants exclusive rights on its products or services to another company. The most common forms include single branding and/or exclusive territory rights, whereby a single distributor obtains the right to market a supplier’s...

Exhaustion

Intellectual property rights (IPRs) such as patents and trademarks give the developer certain exclusive rights over the exploitation of his work, such as in production and commerce. However, within the EU, the exclusive right cannot be used to artificially split up...

Extra-territoriality

Term normally used to describe the exercise by a sovereign State of jurisdiction over foreigners in respect of acts done outside the borders of that State. One could say that — in a very broad sense — the EU applies its competition rules in an extra-territorial manner...

Fine

A monetary penalty imposed by a Commission decision on an under- taking, for a violation of EC competition rules. Source: Glossary of terms used in EU competition policy, Antitrust and control of concentrations, European Commission, 2002 Share...