French draft act of modernisation of the economy (« LME »)

A short summary may be helpful:

– French distribution law was modified in 2005 (Chatel Act), mainly the legal reform had the purpose to partially reduce the bottom resale price (price under which no reseller can sell product, except for limited period of end-of-season sale) by deducting a part of discounts and service remunerations from the purchase price ; all T&Cs of sale, price list, discounts and services rendered by the distributor to the supplier had to be stipulated in an Annual Unique Agreement entered into by March each year ;  Lire la suite

LME – Le projet en ligne

Bien que des évolutions du texte soient naturellement à prévoir, en particulier sur les limites posées ou à la négociabilité des conditions générales de vente, le praticien appréciera certainement de pouvoir consulter le texte consolidé des modifications en cours sur les pratiques restrictives de concurrence.  Continuer la lecture de LME – Le projet en ligne (On-line draft Chatel II Act – bilingual) →

Reform of business and competition law : Act Chatel II (Sales T&Cs, competition authorities, commercial lease)

Three months after the Chatel Act, which purpose was the reduction of the bottom sales price, and the creation of a Unique Agreement for all sales conditions and services rendered by the distributor, French Government has consulted all operators on French market and is up to issue a draft Act which will critically modify distribution law and market practices.  Lire la suite