The Cour de Cassation (French Supreme Court) recently held that a price reduction clause contractually agreed upon between a supplier and its distributor can create a significant imbalance in the rights and obligations of the parties, within the meaning of Article L. 442-6 I §2 of the French Commercial Code. The concept of “significant imbalance”, […]
On February 23, 2016, the Direction Générale de la Concurrence, de la Consommation et de la Répression des Fraudes (General Directorate for Competition, Consumer Protection and Frauds, hereinafter “DGCCRF”) released it 2016 activity report. In this report, the DGCCRF – which monitors the proper operation of the markets to the benefit of consumers and businesses […]
Adopted by the Parliament on November 8, 2016, the “Sapin II Law” is primarily designed to strengthen the French anti-corruption arsenal and introduces new measures to prevent and penalize corruption. This Law also brings a number of changes to the legislation governing business relationships between economic operators, including with respect to practices that restrict competition, […]
In today’s world, knowledge is the key to innovation and success. For companies, the protection of trade secrets has become a major challenge as the unlawful disclosure of information concerning a company is likely to undermine such company’s ability to compete in a market where competition has dramatically increased. French law, as it currently stands, […]
The European Commission has just released its preliminary report (the “Report”) on the e-commerce sector inquiry it had launched in 2015. This inquiry is part of the European Commission’s strategy to create a digital single market. It is intended to provide an overview of the major trends in European e-commerce markets and to identify trade […]
The provisions set forth in Ordinance n°2016-131 of February 10, 2016 for the reform of contract law, the general regime of obligations and proof of obligations (the “Ordinance”) will come into force on October 1, 2016 and apply to all contracts entered into on or after said date. This major overhaul of French contract law […]
Strategic Lawyering