The IMERA introduces two different modes, allowing different levels of permissible restrictions and powers to intervene in the market:
- In the case of a threat of a crisis, the IMERA provides for vigilance measures to safeguard the supply chain of critical goods and services.
- In the case of an actual crisis, the IMERA introduces emergency measures allowing for, among other things, joint procurements by the EU Member States. It also grants the European Commission specific powers, amongst others, to request economic operators to supply or produce certain goods.
This Q&A provides further details on the new vigilance and emergency modes and gives an overview of the major changes introduced by the IMERA.
