The French Competition Authority issues a favorable opinion regarding three derogating inter-professional agreements relative to the rules on payment timeframes in the toy, do-it-yourself, watch-making and jewelry sectors

Competition Authority, French

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20 Feb 2009

The French Competition Authority issues a favorable opinion regarding three derogating inter-professional agreements relative to the rules on payment timeframes in the toy, do-it-yourself, watch-making and jewelry sectors

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References

French Competition Authority, Avis n° 09-A-02 du 20 février 2009 relatif à un accord dérogatoire pour les délais de paiement dans le secteur du bricolage, Notice, 20 February 2009 (French)

French Competition Authority, Avis n° 09-A- 03 du 20 février 2009 relatif à un accord dérogatoire pour les délais de paiement dans le secteur du jouet, Notice, 20 February 2009 (French)

French Competition Authority, Avis n° 09-A-04 du 20 février 2009 relatif à un accord dérogatoire pour les délais de paiement dans le secteur de l’horlogerie, la bijouterie, la joaillerie et l’orfèvrerie, Notice, 20 February 2009 (French)

Press Release published on the official website of the French Competition Authority.

Payment timeframes: The Conseil de la concurrence has issued a favourable opinion regarding the derogating agreements signed in the toy, DIY and watch making-jewellery sectors.* Referred to by the Minister of the economy, industry and employment, the Conseil de la concurrence has recently handed down a favourable opinion regarding three derogating inter-professional agreements relative to the new rules on payment timeframes, established by the law on the modernization of the economy (LME), that normally took effect on 1st January 2009. Article 21 of the LME makes an opinion from the Conseil de la concurrence mandatory relative to sector derogations, as a result of the potential competitive distortion to which they can lead. The LME reduced the payment timeframes to 45

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French Competition Authority
French Competition Authority (Paris)

France 717 contributions 369270 visits

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French Competition Authority, The French Competition Authority issues a favorable opinion regarding three derogating inter-professional agreements relative to the rules on payment timeframes in the toy, do-it-yourself, watch-making and jewelry sectors, 20 February 2009, e-Competitions Pay-for-delay agreements, Art. N° 59821

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