New EU-Rules on Technology Transfer Agreements

Together with the reform of the EU-Competition Law, a new group exemption regulation for technology transfer agreements No 772/2004 ("TTBER") came into force on 1st May 2004. The TTBER introduces important new innovations. Henceforth its scope of application will also cover software licenses. The TTBER will also deal with agreements between competitors differently and more restrictively than with those between non-competitors.