CASE COMMENTS: EUROPEAN AND INTERNATIONAL LAW – ITALY – PRIVATE ENFORCEMENT – NULLITY

Italy: The Courts of Belluno, Perugia, Torino, Roma, Velletri, Pesaro, Spoleto, Forlì and Siena and the Italian Supreme Court rule on the conformity of security bond contracts with competition law (ABI)

*This article is an automatic translation of the original article, provided here for your convenience. Read the original article. In Italy, the substantive courts once again ruled on applications to annul the guarantee contracts entered into with banks which, to that end, had reproduced a contractual scheme distributed in 2003 by the Italian Banking Association (hereinafter 'ABI'), some provisions of which had been invalidated in 2005 on the grounds of infringement of national law on anti-competitive practices. The disputes in question follow a procedure conducted by the Bank of Italy (the Italian central bank which, at the time, as an anti-trust authority, was competent to monitor anti-competitive practices in the banking sector) in relation to the contractual scheme drawn up by

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Silvia Pietrini, Italy: The Courts of Belluno, Perugia, Torino, Roma, Velletri, Pesaro, Spoleto, Forlì and Siena and the Italian Supreme Court rule on the conformity of security bond contracts with competition law (ABI), 22 May 2019, Concurrences N° 3-2019, Art. N° 91608, pp. 204-207

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