CHRONIQUE: PROCEDURES - FRENCH LAW - SIMPLIFIED PROCEEDINGS - FINES

Fines: The French Competition Council grants a 90% rebate (La Poste)

*This article is an automatic translation of the original article, provided here for your convenience. Read the original article. For the first time, the Competition Council granted a company which, on the basis of Article L. 464-2-II of the French Commercial Code, had decided not to contest the notified objections, a reduction in the penalty which is practically equivalent to an exemption. This decision is interesting because, on the one hand, it demonstrates the Competition Council's desire to encourage companies to make use of this provision and, on the other hand, it brings the domestic procedure closer to that for accepting commitments

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Valérie Michel-Amsellem, Fines: The French Competition Council grants a 90% rebate (La Poste), 30 November 2004, Concurrences N° 1-2005, Art. N° 1350, pp. 108-109

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