ALERTS: UNFAIR COMMERCIAL PRACTICES - FRANCE - SIGNIFICANT IMBALANCE – COMMERCIAL PARTNER - FINES

Commercial partner: The French Supreme Court enshrines a broad definition of the partner, victim of a significant imbalance (Locam, Cometik)

*This article is an automatic translation of the original article in French, provided here for your convenience. Read the original article. It is an understatement to say that thejudgment handed down by Chamber 5-4 of the Paris Court of Appeal on 27 September 2017 (No. 16-00671)...had been noticed. Referring to the principle of strict interpretation, to be upheld because of the possibility of high civil fines, this decision showed a desire to confine the application of the now famous rule on significant imbalance. On the one hand, it considered that an authorised finance company whose activities fall under "the specific provisions of the Monetary and Financial Code" is not subject to compliance with the rules on practices restricting

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  • Université Versailles Saint-Quentin-en-Yvelines

Quotation

Muriel Chagny, Commercial partner: The French Supreme Court enshrines a broad definition of the partner, victim of a significant imbalance (Locam, Cometik), 15 January 2020, Concurrences N° 2-2020, Art. N° 93365, www.concurrences.com

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