CASE COMMENT: PUBLIC SECTOR - FINANCIAL SERVICES - ART. 86(3) EC
Special banking services: The European Commission asks for the end of the special rights to distribute saving books (Livret A - Livret bleu)
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– EC Commission, Dec. C(2007)2110, Article 86(3) EC, 10 May 2007, Banque postale, Caisses d'Épargne and Crédit Mutuel for the distribution of Livret A and Livret bleu passbook savings accounts (France)
If France had ensured that the case did not disrupt the presidential election campaign, the respite would have been short-lived. The day after the second round, the Commission adopted on 11 May 2007 a decision on the basis of Article 86(3) of the EC Treaty, requesting the French Government to abolish the special rights granted to La Banque Postale, the Caisses d'Épargne and Crédit Mutuel for the distribution of the Livret A and Livret Bleu passbook savings
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