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ALERTS: EUROPEAN AND INTERNATIONAL LAW - FRANCE - FRENCH OVERSEAS TERRITORIES - NEW CALEDONIA - REFORM - COMPETITION POLICY - ECONOMIC GROWTH - GENERALISED CAP ON MARGINS

New Caledonia: The Competition Authority of New Caledonia is in favour of the generalised cap on the margins of all companies offering products or services as of 1 October 2019 (Support for the growth of the New Caledonian economy)

*This article is an automatic translation of the original article, provided here for your convenience. Read the original article. On 9 December 2019, the New Caledonian Competition Authority published an opinion no. 2019-A-05 of 6 December 2019 on the preliminary draft law of the country to support the growth of the Caledonian economy, which envisages in article 42 of the text to introduce the more liberal "quality-price shield" in article Lp. 411-2-1 of the Commercial Code, which is supposed to accompany the exit on 1 October 2019 of the generalised ceiling on margins for all companies offering products or services in force between 1 October 2018 and 30 September 2019. The

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  • L’actu-concurrence (Paris)

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Alain Ronzano, New Caledonia: The Competition Authority of New Caledonia is in favour of the generalised cap on the margins of all companies offering products or services as of 1 October 2019 (Support for the growth of the New Caledonian economy), 6 December 2019, Concurrences N° 1-2020, Art. N° 92692, www.concurrences.com

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