New Luxembourg car distribution rules: need for car brands to renegociate agreements with Luxembourg car distributors
14/08/2014
On 8 July 2014, the Luxembourg Parliament passed a law setting out specific rules for vertical agreements in the car distribution sector. The law is intended to protect the independence and financial security of Luxembourg car distributors by outlining a number of protective provisions applicable to vertical agreements between Luxembourg car distributors and foreign car suppliers (the parliamentary file can be found here). Some of these protective measures could already be found in Regulation (EC) No 1400/2002 on the application of Article 81(3) of the Treaty to categories of vertical agreements and concerted practices in the motor vehicle sector, but were abolished by Regulation (EU) No 461/2010.
