The French auto parts market may be liberalized, and the price is expected to be greatly reduced

In view of the monopolistic market situation of French automobile manufacturers, the price of auto parts has increased by 11% in the past two years. Now, a relevant adjustment bill has been proposed. It is planned to realize market liberalization and enhance consumers' purchasing power next year.
During the "yellow vest crisis", then French Prime Minister Edouard Philippe promised to improve the purchasing power of consumers in the auto parts market. Many visible parts, including hood, windshield, window, rearview mirror, lamp and so on, are protected by intellectual property rights and can only be provided by automobile manufacturers. Now, this monopoly may come to an end, which is expected to save the French 17.5% in car consumption.
Under the bill, parts suppliers such as repairers will be allowed to buy cheaper parts from abroad. "The total cost of car sales in Italy, Italy and mathieus will be more free," he said. A lot of pressure from automobile manufacturers has hindered the development of the market, and they have benefited from it. In 2012, the competition authority proposed to gradually and restrictively eliminate the monopoly of spare parts. "
According to sarthe Damien pichereau, a member of the lrem, during 2017-2019, the price of spare parts increased by 11%, and during 2015-2019, the insurance premium increased by 12%. Under this trend, it is necessary to help 40 million French car owners improve their purchasing power.
The new bill proposes to liberalize the spare parts market for all equipment manufacturers from January 1, 2022. For low-income families, sarthe Damien pichereau said that the new law proposed favorable provisions, which would make the car damaged by the accident easier to be repaired, rather than make the car owners in trouble because they can't afford to repair.
It is said that the previous "yellow vest crisis" was triggered by rising fuel prices, which also shows that the government has not ignored the relevant demands.