Session6 Flashcards
Distinction customs union and free trade area
Legal diff
Get rid of custom barriers
Custom union in France
Union Douanière
Custom union
Tool
Step for an eco integration
No more customs barriers
Member state in a custom union
Agree on a common custom policy towards third countries products
For a device exported from a country to an other
Will be charged in percentage / Same rate everywhere
When devices enter
Pay the duties
Benefit from the free movement of goods
Can be exported custom free
Oldest custom union
Benelux 1948
Obj of free trade area
Facilitate trade among neighbors
Custom barriers in FTA
For products originating from the area (check a certain percentage of components)
Diff between FTA and CU
Their approach to non treaty nations
EEA
European Economin Area
Extension of the eu’s singe market to non EU member state
Internal market governed by the same rules, free movement of persons goods services and capital within the EU single market
Members of EEA
Iceland
Lichtenstein
Norway
European law which applies to these 3 countries
European competition law
Law on the distribution contract
Distribution agreement
Contract for the sale of goods
Involves service obligations promotion of the sale of the manufacturers products commitment by the distribution not to distribute competing products
Supplier distributor relationship
Vertical agreement
Diff kind of distribution contracts
- selective distribtution
- exclusive distribution
- exclusive purchasing
- franchising contract
Selective
No exclusivity
Selection of the best distributors to promote his brand image with criteria
Standard form contract
Exclusive purchasing contracts
Reseller agrees to purchase the contract goods only from the other party and not from any other supplier
Not protected against competition from their resellers
Free of restrictions on the area
If the brand is no more successful
They loose everything —> risks