ALERTS : FRENCH MERGER - REMEDIES - SANCTION FOR NON-COMPLIANCE

Non compliance: The French Minister of Economy sanctions an undertaking for non compliance to remedies (Carrefour)

*This article is an automatic translation of the original article, provided here for your convenience. Read the original article. This isn't the first time the minister has issued an order on the basis of article L.430-8 of the Commercial Code - it has already sanctioned companies that have exempted from notifying their concentrations prior to their effective implementation (C2006-103) and those omitting in their notification file of significant elements and/or making significant changes to it false statements (C2006-96). On the other hand, the Minister had never sanctioned a company for failure to comply with commitments made to obtain ministerial authorization from the carrying out a concentration. It's done now. In this case, the Minister had, by a decision of November 7, 2003,

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  • L’actu-concurrence (Paris)

Quotation

Alain Ronzano, Non compliance: The French Minister of Economy sanctions an undertaking for non compliance to remedies (Carrefour), 21 August 2007, Concurrences N° 4-2007, Art. N° 56055, “www.concurrences.com”

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