The law of 6 August 2015, socalled "Macron law" which has reformed regulated professions in order to introduce more competition and freedom of establishment has notably terminated the regulated tariff for real estate trading services from 1 March 2016. Since that date, there is no longer a tariff set by the public authorities and notaries freely set their rates for their real estate trading activities such as real estate agencies.
GIE Notimo, which gathers around twenty notaries in the region Franche-Comté, has set up an agreement on prices, detrimental to competition law, so that the notaries of the region Franche-Comté set up a “tariff table” defined by GIE Notimo for real estate negotiation services. The chambre interdépartementale des notaires de Franche-Comté (interdepartmental chamber of the notaries of Franche-Comté) facilitated the commission of the offence, by actively making its secretariat available to the GIE and not reporting the illegal practice to the competent authorities.
The GIE and the chambre interdépartementale des notaires de Franche-Comté have applied for a settlement procedure which was granted since they did not dispute neither the facts nor the qualification. As a consequence, the fine was handed down to respectively €250,000 and €45,000.
On this day, the Autorité de la concurrence issued a decision regarding bailiffs. See the press release.