Restriction of competition by object: The Paris Court of Appeal overturns the decision that fined 11 banks nearly €385 million in the case of cheque pricing, and rigorously applies (more than the Court?) the concept of restriction of competition by object (BNP Paribas e.a.)

*This article is an automatic translation of the original article, provided here for your convenience. Read the original article. The Court of Cassation had paved the way for this, and the Paris Court of Appeal has resolutely committed itself to it with its decision of December 2, 2021, in which it calls on the Authority to take a more rigorous approach to the notion of restriction of competition by object. It will be remembered that, at the time of the changeover to the euro, the dematerialization of interbank clearing of checks was accompanied, as of 2002, by the implementation of a check image exchange system ["EIC"] in an interbank teleclearing system, and of a mechanism of interbank commissions applied at the time of check remittance and intended to compensate for the effects

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  • Rizom Legal (Paris)

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Michel Debroux, Restriction of competition by object: The Paris Court of Appeal overturns the decision that fined 11 banks nearly €385 million in the case of cheque pricing, and rigorously applies (more than the Court?) the concept of restriction of competition by object (BNP Paribas e.a.), 2 December 2021, Concurrences N° 1-2022, Art. N° 105313, pp. 88-89

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