Relaxing whilst doing Competition Law is not an Oxymoron

Archive for March 20th, 2012

Presidential Endives

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Endives have been a highlight of this blog.

They have become a presidential topic.

Last week, in a large-audience TV programme, N. Sarkozy discussed – and actually lambasted – the decision of the French competition authority (FCA). This comment was in reaction to a question by a woman in the audience, who complained that the FCA decision prevented agricultural producers to coordinate selling prices.

Here’s N. Sarkozy’s answer (quick and dirty translation):

The FCA “went a little to far … I would like agricultural producers to be able to sell at prices above production costs … hence one must define, with other production groups, what is an average production price … and the competition authorities must not consider this average production price as a restriction of competition“.

In clear, the price of veggies should be defined collectively amongst producers at a level > costs, and the competition watchdogs should not challenge this.

But there comes my preferred part. To conclude N. Sarkozy added, referring to the FCA officials:

They must have the intelligence of understanding that were are not talking about Microsoft and Apple“.

Check the video above or here between 2:00:45′ and 2:01:57′.

Written by Nicolas Petit

20 March 2012 at 8:10 am

Posted in Case-Law, Uncategorized