4. Anticipating the consequences of this development on the market
Once listed in Annex XIV, a substance may not be placed on the market or used beyond the specified expiration date, unless a specific authorization has been granted for the requested use when the substance cannot be substituted. The market is therefore directly impacted as of this expiration date.
However, uncertainties regarding the future of a candidate substance may influence the behavior of downstream users and thus lead to indirect market constraints well before this expiration date. Indeed: Any substance on the Candidate List may be recommended for inclusion in Annex XIV.
An application for authorization is binding and may be denied; authorization is granted only on a case-by-case basis and for a limited period.
Uses of a substance subject to authorization are gradually phased out, and eventually its use will...
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Anticipating the consequences of this development on the market