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Europe Daily Bulletin No. 8257

18 July 2002
GENERAL NEWS / (eu) eu/competition
Commission unanimously adopts regulation on car distribution - abolition of localisation clause postponed till October 2005

Brussels, 17/07/2002 (Agence Europe) - During a joint press conference with Commissioner Mario Monti on Wednesday following a meeting of the Commissioners' college, President Prodi welcomed the unanimous Commission decision to adopt the new regulation on car distribution. The President insisted on the fact that the regulation responded to a need resulting from the profound changes undergone by the European industry but which would not, however, upset the balance between consumer and...

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