On 1 July 2017, the Act to amend Book 6 of the Dutch Civil Code in connection with combating unreasonably long payment terms entered into force. This was a private member’s bill regulating that large companies cannot agree on a payment term of more than 60 days in their commercial relationship with SMEs in situations where the large company acts as debtor and the SME acts as creditor
read moreAfter a thorough review of the rules from 2010, the European Commission approved the new Vertical Block Exemption Regulation (VBER) and the accompanying new Vertical Guidelines on 10 May 2022. The revised VBER and vertical guidelines will enter into force on 1 June 2022.
read moreOn 14 September 2021 the Dutch competition authorities (ACM) imposed a fine of almost 40 million euros on Samsung Electronics Benelux B.V. (Samsung). In the opinion of the ACM, Samsung exerted undue influence on the online sales prices of televisions of seven retailers from January 2013 to December 2018.
read moreThe Unfair Commercial Practices in Agriculture and Food Supply Chain Act implements a European directive on this subject and will take effect on 1 November 2021. The purpose of the Act is to strengthen the position of the farmer in the chain.
The law focuses on companies that are active in the agricultural and food supply chain.
The minimum implementation period of at least 2 months, i.e. the period between the date of publication and the date of entry into force, has not been respected.
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