Fully updated in this third edition, the work includes full coverage of the latest legislation, case law and guidance, giving competition lawyers a comprehensive commentary on recent developments. It includes new material on industries of growing importance in the competition field, including Pharma and High Tech. It also analyses the R&D and Specialisation Block Exemption Regulations, the revised Verticals Block Exemption Regulation, and the Technology Transfer Block Exemption. Key cases covered in this edition include Telefonica, Microsoft, Intel, Rambus, RWE, and GdF.