COMPETITION • FRENCH LAW • SCOPE OF APPLICATION
Bodies responsible for managing social security schemes are not considered as undertakings within the meaning of Articles L. 420-1 et seq. of the Commercial Code. Case law holds that such bodies, which are managed according to the principles of distribution and solidarity, do not engage in any commercial, economic or speculative activity. The immunity enjoyed by activities of a social nature is explained more by political than legal or economic reasons.
