EUR-Lex - 31975D0076 - EN

ARTICLE 1

THE PROVISIONS OF ARTICLE 85 ( 1 ) OF THE TREATY ESTABLISHING THE EUROPEAN ECONOMIC COMMUNITY ARE HEREBY DECLARED PURSUANT TO ARTICLE 85 ( 3 ) THEREOF TO BE INAPPLICABLE TO THE AGREEMENT CONCLUDED ON 1 DECEMBER 1973 BETWEEN SOPELEM , PARIS , AND RANK , LONDON .

ARTICLE 2

THIS DECISION SHALL HAVE EFFECT FROM 20 DECEMBER 1973 AND SHALL APPLY UNTIL 20 DECEMBER 1983 .

ARTICLE 3

THE UNDERTAKINGS NAMED IN ARTICLE 1 SHALL , BEFORE 1 MARCH 1977 , 1 MARCH 1980 AND 1 MARCH 1983 RESPECTIVELY , SEND A REPORT TO THE COMMISSION COVERING THE PRECEDING THREE-YEAR PERIOD , THE FIRST OF SUCH PERIODS TO RUN FROM 20 DECEMBER 1973 . THESE REPORTS SHALL BE SUCH AS TO ENABLE THE COMMISSION TO ASSESS THE WAY THE RELEVANT MARKET IN THE EEC IS DEVELOPING AS A RESULT OF THE AGREEMENT SPECIFIED IN ARTICLE 1 , WITH PARTICULAR REFERENCE TO :

( A ) DEVELOPMENTS IN THE SALES AND MARKET SHARE OF EACH UNDERTAKING IN EACH MEMBER STATE OF THE EEC ;

( B ) THE DEVELOPMENT OF TRADE BETWEEN THE MEMBER STATES ;

( C ) PRICE MOVEMENTS .

ARTICLE 4

THIS DECISION IS ADDRESSED TO THE FOLLOWING UNDERTAKINGS :

_ RANK PRECISION INDUSTRIES LTD ,

MILLBANK TOWER , MILLBANK ,

LONDON SW1P 4QR ;

_ SOCIETE D'OPTIQUE , PRECISION , ELECTRONIQUE ET MECANIQUE ,

125 BOULEVARD DAVOUT ,

75 PARIS ( 20EME ) .

DONE AT BRUSSELS , 20 DECEMBER 1974 .

FOR THE COMMISSION

THE PRESIDENT

FRANCOIS-XAVIER ORTOLI