French court confirms legality of notary services dawn raids

The Paris Appeal Court has confirmed the legality of dawn raids conducted by the Autorité de la concurrence at the premises of a notaries’ association, its subsidiaries and a notary firm in 2017, according to two recently published orders.

The notary profession is regulated in France and professionals operate partly in a monopoly and partly in competition with other professionals, such as those specialised in negotiation and real estate expertise, a de-regulated activity which is considered a growing source of revenue, according to the item.

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