The European Union Uses an Exemption System in Its Competition

Multiple Choice

The European Union uses an exemption system in its competition law.This means that:

A) certain industries are exempted from antitrust law because of their technology.
B) an agreement can be entered into if the prospective parties can obtain a "negative clearance" from the European Commission.
C) certain countries are exempt from the competition law until they reach further economic development.
D) none of these are correct.