ALERTS : ANTICOMPETITIVE PRACTICE - AGREEMENT - PRICE
Agreement - De minimis: The French Competition Authority clears the definition of agreement and the application of the de minimis rule applied to an alleged price agreement (Studio 26/LVMH)
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As for Decision No. 05-D-06 of February 23, 2005, it will further retain attention. A shoemaker in the Rue des Saints Pères in the 6th floor of the arrondissement of Paris had referred to the Board various practices of price fixing and rupture abusive commercial relations implemented against him by subsidiaries of the LVMH Group. In substance, LVMH had served formal notice on its distributor, in terms particularly commendable, to raise its prices, considered by the manufacturer as seriously damaging to its brand image. In spite of an unanswered ambiguity of the reseller who said that he welcomed this request, this had persisted in its policy of low prices,
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