Article 81(3)provides for an "individual exemption" of an otherwise violation of the Article 81,if the results there are positive economics effects overall.

Question

Quizplus · Accepted Answer

Article 81(3) of the Treaty on the Functioning of the European Union (TFEU) allows for an exemption from the prohibition of anti-competitive agreements and practices if they contribute to improving production, promoting technical or economic progress, or allowing consumers a fair share of the resulting benefits. This exemption is known as the "individual exemption." Therefore, the statement is true.

Article 81(3)provides for an "Individual Exemption" of an Otherwise Violation