CONFERENCE VERTICAL RESTRAINTS UCL - IDC 23 MAY 2008 PARIS

Vertical restraints, parallel imports and the objective of market integration

One of the most significant parameters that framed EC competition policy towards vertical restraints has been the importance of market integration in Europe. The recent saga of cases on parallel imports of pharmaceuticals brought under Articles 81 and 82 EC in national and Community courts illustrates the difficulties of finding a balance between the different objectives of EC competition law, such as consumer welfare and market integration. Thi session explores these difficulties and the different arguments that were advanced in this important -from a constitutional and substantive competition policy perspective - and still ongoing debate.

*This article is an automatic translation of the original article, provided here for your convenience. Read the original article. Parallel imports: How to reconcile the interests of the consumer and the integration of the Community market? Robert KOVAR Professor Emeritus Robert Schuman University, Strasbourg Former President of the University I. Introduction 1. The objectives of competition policies are necessarily marked by the context in which they have been progressively built. However, these policies have a fundamental common denominator, which is confidence in the regulatory mechanisms of the market. Beyond that, significant differences must be noted. They are the product of economic histories, legal and political cultures, and objectives in certain particular respects. A

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Assimakis Komninos, Patrick Rey, Thierry Dahan, Pascal Berghe, José Luis Buendia Sierra, Robert Kovar, Vertical restraints, parallel imports and the objective of market integration, December 2008, Concurrences N° 4-2008, Art. N° 22107, www.concurrences.com

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