Alcoa purchases its electricity from ENEL and the Italian State reimburses the difference between the contract purchase price and the historic tariff, which has fluctuated very little over time.

The current tariff no longer corresponds to market conditions but is a subsidised price, financed by a levy imposed on electricity consumers: Alcoa purchases its electricity from ENEL and the Italian State reimburses Alcoa the difference between the contractual purchase price and the historical tariff, which has been adjusted only marginally over time.

Consumers will be able to submit their consumer contractual disputes to an ADR, wherever they shop in the EU (i.e. whether in their home country or in another EU country), whatever they buy, and however they buy it (online or offline).

For the purposes of this Regulation, references to rights and obligations constituting the terms and conditions governing the issuance, offers to the public or public take-over bids of transferable securities and references to the subscription and redemption of units in collective investment undertakings should include the terms governing, inter alia, the allocation of securities or units, rights in the event of over-subscription, withdrawal rights and similar matters in the context of the offer as well as those matters referred to in Articles 10, 11, 12 and 13, thus ensuring that all relevant contractual aspects of an offer binding the ...[+++]issuer or the offeror to the consumer are governed by a single law.

Includes furniture and equipment purchase, rental and maintenance, utilities, renovations and alteration, externally contracted services, professional fees, cost of goods sold, debt repayment (interest and principal portion), internal and external cost recoveries and lump sum payments.

These modifications concerned in particular: - the supression of all purely quantitative criteria as regards the access to the distribution network, and the introduction of a procedure for automatic admission of new distributors, subject only to the application of certain qualitative criteria and a delay of 12 months; - an express recognition of the freedom of the distributor to determine its own retail prices; - the liberalisation of cross-sales among authorized retailers established within the same Member State; - the supression of certain contractual provisions which would result in the restraint of the liberty of the distributor i ...[+++]n being able to sell the products to other members of the network (change of the rules concerning both the calculation of the minimum level of annual purchases and the control by the manufacturer of the distributors' invoices); - the liberalisation of passive sales of new products to outside the territory from where they were officially launched; Furthermore, Yves Saint Laurent Parfums has undertaken to ensure that the minimum level of annual purchases imposed on distributors be set in such a way that its amount does not exceed 40% of the average purchase figure achieved during the previous year, by all the retail outlets within a Member State.