1032 ' Official Journal of the European Communities No L 285/46 .Official Journal of the European Communities 29.12.71 " REGULATION (EEC) No 2821/71 OF THE COUNCIL of 20 December 1971 - on apphcatlon of Article 85 (3) of the Treaty to categones of agreements, decisions and concerted practices . THE COUNCIL OF THE EUROPEAN COMMUNITIES, Having regard to the Treaty establishing the. European Economic Community, and in particular Article 87 thereof; Having regard to the proposal from the Commission; Having regard to the Opinion of the European Parliament; Having regard to the Opinion of the Economic and - Social Committee; Whereas - Article 85 (1) of the Treaty may "in accordance with Article 85 (3) be declared inapplicable to categories of agreements, decisions and concerted practices which fulfil the condmons contamed in Article 85 (3); Whereas the provisions for implementation of Article 85 (3) must be adopted by way of regulatlon pursuant to Artlcle 87; Whereas the creation of a common market requires that undertakings be adapted to the conditions of the enlarged market and whereas co-operation between undertakings can be a suitable means of achieving this; L e Whereas agreements, decisions and concerted practices for co-operation between undertakings which enable the undertakings to work more rationally and .adapt their productivity and competitiveness to the enlarged market may, in so far as they fall within the prohibition contained in Article 85 (1), be exempted therefrom under certain conditions; whereas this measure is necessary in " particular as - regards agreements, decisions. and concerted practices relating to the application of standards. and types, research and development of products or processes up to the stage of industrial application, exploitation of the results thereof and specialisation; Whereas it is desitable that the Commission be enabled to declare by way of regulation that the provisions of Article 85 (1) do not apply to those categories of agreements, decisions and concerted practices, in order to make it easier for undertakings to co-operate in ways which are economically desirable and without adverse effect from the point of view of competition policy; Whereas it should be laid down under what conditions. the Commission, in close and constant liaison with the competent authorities of the Member States, may exercise such powers; Whereas under Article 6 of Regulation No 17! the Commission may provide that a decision taken in- accordance with Article 85 (3) of the Treaty shall apply with retroactive effect; whereas it is desirable that the Commission be empowered to issue regulations whose provisions are to the like effect; Whereas under -Article 7 of Regulation No 17 agreements, decisions and concerted practices may by decision of the Commission be exempted from ~ prohibition, in particular if they are modified in such manner that Article 85 (3) applies to them; whereas it is desirable that the Commission be enabled to grant by regulation like exemption to such agreements, decisions and concerted practices if they are modified in such manner as to fall within a category defined in - an exempting regulation; Whereas the possibility cannot be excluded that, in a specific case, the conditions set out in Article 85 (3) may not be fulfilled; whereas the Commission must have power to regulate such a case in pursuance of Regulation No 17 by way of decision having effect- for the future; t O] No 13, 21.2.1962, p. 204/62.