MONTI SPEECH
May 1st, 2002
BY ALAN OSBORNTHE EUROPEAN Union Commissioner for competition policy, Mario Monti, hasstated his willingness to consider a postponement of the key locationclauses of the proposed reform of the block exemption system for new carsales, with implementation being delayed beyond 2003.These regulations, which effectively abolish the right of motor manufacturers to prevent car dealers from opening up sales outlets outside of their allocated territory, constitute a significant element in the Brussels reform plan.The present block exemption scheme, allowing manufacturers ...
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