Essai sur les importations parallèles : la recherche d'un équilibre entre liberté et protection dans l'Union européenne
The phenomenon of parallel trade rests on a simple and obvious basic premise: the price levels of the same product “created and made” by the same manufacturer can often vary considerably from one country to another. This variation is notably due to disparities in the mean income of consumers, trade-prohibiting national regulations or the level of competition which may itself be affected by private restrictions such as market sharing agreements or distribution contracts.  The merchants, termed “parallel importers” will buy the product where it is cheapest, whether or not it stems directly from the manufacturer, and resell it where they will obtain the best profits. Some problems will arise in the country of importation, insofar as parallel importers will sell at a lower price than the distributors designated by the manufacturer. The manufacturer, in his quality of “creator” of goods, is often the owner of intellectual property rights which it will understandably try to monetize, in an attempt to partition the markets in order to obtain the highest price that the consumer is willing to pay for product “x” on market “y”. This article, mainly jurisprudential, seeks to underline the tension between the free exchange of goods in open markets which notably allows consumers and buyers to obtain products at the best price, and the necessity of protecting the creation efforts of the industry in order to encourage investment in the research and development of new products.
Libre concurrence Licences exclusives Parrallel imports Free competition Intellectual property Unfair competition