Economic Duress and Significant Imbalance: Two Different Approaches of Contractual Imbalances

Faustine Jacomino ()
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Faustine Jacomino: Université Nice Sophia Antipolis

No 2015-44, GREDEG Working Papers from Groupe de REcherche en Droit, Economie, Gestion (GREDEG CNRS), Université Côte d'Azur, France

Abstract: In France, the draft order of February 25th 2015 devotes two new tools permitting the control of contractual imbalance: economic duress on the one hand, and significant imbalance on the other hand. These two mechanisms attest to the interest given to this issue and to the renewal of traditional tools in favour of mechanisms which are inspired by consumer and competition laws. While economic duress sanctions the abuse of economic dependence, significant imbalance shows a broad scope for its implementation, which raises many interrogations. The challenge is to determine the goals of such tools and to ensure the consistency and readability of general contract law.

Keywords: Significant imbalance; Economic duress; Contractual imbalance; Restrictive practice; Unfair term; General contract law (search for similar items in EconPapers)
JEL-codes: K12 K20 K21 (search for similar items in EconPapers)
Pages: 14 pages
Date: 2015-11
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Persistent link: https://EconPapers.repec.org/RePEc:gre:wpaper:2015-44

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