Summary

The law of 4 April 2019 "amending the Code of Economic Law as regards abuses of economic dependence, unfair terms and unfair market practices between companies" subjects B2B contracts to stricter rules, in a way similar to what is already the case for B2C contracts.

3 new rules for B2B contracts have been enacted:

• The prohibition of the "abuse of economic dependence",
• The prohibition of unfair terms, causing a "manifest imbalance" between parties and the introduction of black lists and grey lists for such clauses,
• The extension to B2B of the B2C prohibitions existing for some unfair, misleading or aggressive practices.

Read the entire article.

Hiways Law Firm has published a new edition of HiNews covering new legislation, recent case highlights, and insights from the firm for November 2019.

Click here to review the full update.

Hiways Law Firm has published a new edition of HiNews covering new legislation, recent case highlights, and insights from the firm for September and October 2019.

Click here to review the full update.

Author: Susan Kohn Ross

As has been widely reported, on Friday, first President Trump announced and then USTR Lighthizer confirmed the 301 tariffs on goods out of China will increase. Specifically, the tariffs on the goods on Lists 1, 2 and 3 will rise from 25% to 30% starting October 1, 2019, while the tariffs on the List 4 products will start at 15% on September 1, 2019 or December 15, 2019, rather than the original 10%, depending on whether your product is on List 4A or List 4B.