CHRONIQUES : PUBLIC ACTIONS – FRANCE – BANKING SECTOR – CENTRAL BODY – PREROGATIVE OF PUBLIC POWER – JURISDICTION

Prerogatives of public power: The French Competition Authority is not competent to sanction alleged practices against the Confédération Nationale du Crédit Mutuel in the banking sector (Crédit Mutuel)

*This article is an automatic translation of the original article, provided here for your convenience. Read the original article. The decision under observation forms part of a series of disputes between Crédit Mutuel Arkéa (CMA) and Confédération nationale du Crédit mutuel. Crédit Mutuel is a mutual banking network organised at three territorial levels: the 2 100 local mutual banks, each of which is a member of one of the 18 regional federations which themselves meet within one or other of the two existing inter-federations (CMA, set up in 2002 by the merger of the banks of Brittany, the Massif Central and the Sud-Ouest, and the CM11-CIC group, which brings together most of the other banks and federations). The weight of these two inter-federations is, however, unequal, since CM11-CIC's

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  • Strasbourg Institute of Political Sciences

Quotation

Jean-Philippe Kovar, Prerogatives of public power: The French Competition Authority is not competent to sanction alleged practices against the Confédération Nationale du Crédit Mutuel in the banking sector (Crédit Mutuel), 21 December 2016, Concurrences N° 2-2017, Art. N° 84118, pp. 199-200

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