FRANCE GOLD CASE

BY KEITH NUTHALLTHE FRENCH government has been ordered by the European Court of Justice (ECJ) to scrap its "gold alloy" designation for lower carats of gold with a fineness of 375 or 585 parts per thousand. Under French regulations, only gold with a purity of more than 750 parts per thousand (18 carat) can be sold as "gold" to the public. The European Commission challenged the system at the ECJ, claiming it illegally restricted trade within the European Union, where generally, lower carats are sold as "gold". Judges backed the Commission view that the term "gold ...


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