FranceAntitrust/Competition Law
France is gearing up for the launch of a new market. "Le Nouveau Marche", was officially launched on February 14, 1996, and the first quotation is scheduled to occur around May 20, 1996. The intended purpose of the Nouveau Marche is to provide a forum for young, up and coming entrepreneurial firms, whereby they can gain access to the funding they need for their continued expansion.
The Nouveau Marche is directly inspired from the US Nasdaq. Other markets based on the US Nasdaq model include the European Easdaq, based in Belgium, the U.K. Aim and other projects in Frankfurt or Milan. France is thus the forerunner in an area currently being explored by the Frankfurt, Milan and Brussels Stock Exchanges.
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