French court confirms legality of notary services dawn raids
14 January 2020 - 12:00 am UTC
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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