The new EC Block Exemption for Vertical Agreements has come into application on June 1st, 2000.. You should review the old and the proposed new guidelines and provide a critical assessment of them in light of economic theory. There is for instance in the recent proposal the idea that resale price maintenance may be permissible (for temporary special offers); a feature that is under attack in US courts (e.g., Leegin Creative Leather Products Inc. v. PSKS Inc.)
