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Key definition
Independent intermediary definition

What does Independent intermediary mean? In practice, an independent intermediary is a financial adviser or broker, authorised to advise on and arrange products, who is not tied to any product provider and considers the whole market before recommending a solution to a client. The expression is descriptive rather than a single statutory term. Across England & Wales, Scotland and Northern Ireland, the FCA regulates the use of “independent” for retail investment advice (post-RDR): advice must be unbiased and unrestricted and paid for by an agreed adviser charge; commission is prohibited for advised sales of retail investment products. Firms that do not meet this standard must...

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LL-Carpenter v Commission (Case T‑531/18): EU General Court dismisses challenge to rejection of Subaru‑related Article 101 TFEU complaint

Practice notes
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CASE HUB ARCHIVED

This archived hub captures the status as at the judgment dated 12 March 2020; it is no longer maintained or updated. For more, see the timeline information provided.

Case facts

Outline

Case T-531/18 LL-Carpenter v Commission — an appeal before the General Court against the European Commission’s refusal to pursue a complaint concerning alleged anti-competitive conduct by Subaru in case AT.40037.

Latest developments

On 12 March 2020, the General Court handed down its ruling, dismissing the action in full.

Parties

  • Applicant: LL-Carpenter s.r.o., a company based in the Czech Republic. LL-Carpenter acts as an independent broker for acquiring Subaru and Daihatsu motor vehicles overseas on behalf of end customers in the Czech Republic; it also operates as an independent repairer of those marques in the Czech Republic.
  • Defendant: European Commission

Background

On 19 May 2010, LL-Carpenter submitted a formal complaint to the Úřad pro ochranu hospodářské soutěže (UOHS, the Czech Competition authority), alleging three infringements of competition law by SUBARU ČR, sro (Subaru CZ)...

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Web page updated on 21/05/2026

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