The regulation, known as the Consortia Block Exemption Regulation (BER), is set to expire on April 25, 2020.
According to the commission, the proposed initiative is scheduled to be finalized before the expiry date. The proposal will be subject to a four-week feedback period.
As explained, the initiative builds on the findings of the evaluation of the Consortia BER conducted from Q4 2018 to Q3 2019. The commission collected data from the general public, numerous stakeholders and national competition authorities of the EU. Furthermore, data was also collected from other international organizations such as the OECD International Transport Forum and UNCTAD.