Among other things, some of the key clauses you will usually find in an international distribution contract include products and territory, the obligations of the parties, exclusivity clauses, prorogation/rescission and dispute resolution. While trade negotiations for the introduction of the 2021 agreements are already underway, the CEPC has published on its website a recommendation to «face the potential difficulties faced by the professionals concerned in the application of the current contracts due to the health crisis and its (…) The short answer is – these companies have distribution agreements with Apple. But what is a distribution agreement and why would a simple written or oral agreement not suffice? Of course, this list is only a short selection of important contractual terms that you will find in an international distribution agreement. These agreements should always be tailored to the individual needs of each party. On 25 June 2020, the Bundeskartellamt (FCO) approved Intersport`s online sales model via a common online platform under the Intersport identity brand for small traders. Intersport is the world`s largest federation of small and medium-sized enterprises in the sports trade. Sound (…) On 16 March 2020, the French Competition Authority («FCA») announced that it had fined Apple 1.1 billion euros, the highest ever imposed on a company for entering into vertical agreements with some of its distributors and for economic dependence on its independents (…) Essential elements of a distribution agreement include the duration (period during which the contract is in effect), delivery conditions and distribution areas covered by the agreement (regions located in the United States and/or international markets). From 2021, EU authorities will lose the power to conduct on-the-spot investigations in the UK (also known as Dawn Raids). Instead, their investigative powers are limited to written requests for information from UK-based companies. The CMA will replace them as the central competition law enforcement body in the United Kingdom and will consider anti-competitive agreements and any possible abuse of dominance.
1. Anti-competitive agreements – Agreements between companies that prevent, restrict or distort (or are intended for competition) and affect trade in the UK and/or the EU (e.g.B.