ALERTS: CARTELS - REFORMATION - RESTRICTION BY OBJECT - RESTRICTION BY EFFECT - FINES

Interchange fees: The Paris Court of Appeal considers that the introduction of interbank commissions for the exchange of cheque images and for related services on the cancellation of wrongly cleared transactions did not distort competition either by its object or by its effects (BNP Paribas e.a)

*This article is an automatic translation of the original article, provided here for your convenience. Read the original article. In the case of the image-cheque exchange commissions, Chamber 5-7 of the Paris Court of Appeal, ruling on a referral after a second cassation, has just struck a blow! In a judgment handed down on 2 December 2021the Court of Paris, with the strong support of the Minister of the Economy, comes to the conclusion, as the Commercial Chamber of the Court of Cassation had invited it to do in its judgment of January 29, 2020In the absence of experience with this type of compensatory and dissuasive fee, it cannot be considered that, by their very nature, they are sufficiently harmful to competition to be qualified as a restriction of competition by object (p.

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  • L’actu-concurrence (Paris)

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Alain Ronzano, Interchange fees: The Paris Court of Appeal considers that the introduction of interbank commissions for the exchange of cheque images and for related services on the cancellation of wrongly cleared transactions did not distort competition either by its object or by its effects (BNP Paribas e.a), 2 December 2021, Concurrences N° 1-2022, Art. N° 103965, www.concurrences.com

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