ALERTS: DISTRIBUTION - UNFAIR COMMERCIAL PRACTICES – SIGNIFICANT IMBALANCE - TERMS OF PAYMENT

Signficant imbalance: The French Commission on the examination of unfair practices publishes two opinions regarding practices that unreasonably delay the terms of payment and which can be regarded as a significant imbalance (Terms of payment)

*This article is an automatic translation of the original article, provided here for your convenience. Read the original article. According to a recent report in the daily newspaper Les Echos ("Les délais de paiement plus longs en France que dans le reste du monde", 10-11 May 2019, p. 3), based on figures from the credit insurer Euler Hermes, payment times for businesses have been extended by two days in France. These delays amount to 73 days, placing France in ninth place among the worst performers, ahead of Italy (86 days) and Spain (78 days). At the same time, the fight against this economic scourge is continuing and intensifying, made easier in recent years by the DGCCRF's ability to impose administrative fines, which are then published on its website as part of a "name and shame"

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  • Jean-Michel Vertut - Avocat (Montpellier)

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Jean-Michel Vertut, Signficant imbalance: The French Commission on the examination of unfair practices publishes two opinions regarding practices that unreasonably delay the terms of payment and which can be regarded as a significant imbalance (Terms of payment), 24 April 2019, Concurrences N° 3-2019, Art. N° 91066, www.concurrences.com

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