New Law Enables Easier Collective Action Against Companies for Consumers

New Law Enables Easier Collective Action Against Companies for Consumers

Status: 07/07/2023 5:48 p.m It should be easier for anyone who takes legal action against a company in the future. Whether in the case of canceled flights or unlawful contractual clauses: the extended right of collective action provides for faster compensation, among other things. The Bundestag enables a new form of collective action that consumers … Read more

Germany Implements Amendment to Ordinance on Limiting Emissions of Volatile Organic Compounds

Germany Implements Amendment to Ordinance on Limiting Emissions of Volatile Organic Compounds

Daniel Rinkert, Responsible rapporteur: Today, the Bundestag is concluding the deliberations on the Ordinance on Limiting Emissions of Volatile Organic Compounds (31st BImSchV), which implements two implementing decisions of the EU Commission. Permitted emission values ​​for various production processes are adjusted to the state of the art at regular intervals in order to protect the … Read more

Irish supermarkets engage in price war on milk and butter: What it means for consumers and the industry

Irish supermarkets engage in price war on milk and butter: What it means for consumers and the industry

In a rare move, top retailers in Ireland have slashed prices on two grocery essentials, giving consumers a much-needed break. The action began with Lidl’s announcement that it would be reducing prices on its own-brand milk by about 4% at 6 pm on Friday, which prompted Aldi, Tesco, and SuperValu to follow suit within just … Read more

Clear AI rules urged by Ministry of Consumer Protection

Clear AI rules urged by Ministry of Consumer Protection

Artificial intelligence is now ubiquitous – which is why new questions arise in terms of consumer protection. What might this look like in the future? The Federal Ministry for Consumer Protection has demanded clear rules for the use of artificial intelligence (AI). AI is omnipresent in people’s everyday lives – for example in the credit … Read more

Tesla and Elon Musk face potential costs of hundreds of millions of dollars from two US class action lawsuits related to right-to-repair.

Tesla and Elon Musk face potential costs of hundreds of millions of dollars from two US class action lawsuits related to right-to-repair.

Tesla has been sued in two class-action lawsuits in the United States alleging that Elon Musk and his electric car company unlawfully restrict competition for service, maintenance, and parts for its Model S, Model 3, Model X, and Model Y electric cars. The class action lawsuits allege that Tesla owners would be forced by the … Read more

Security required: The best installment loans with security

Security required: The best installment loans with security

safety required The best installment loans with security 03/06/2023 06:21 am Inflation remains high. Interest rates rise. And yet more and more people are buying on credit. How does that fit together – and where can consumers who want this secure their loan most cheaply? The financial experts at FMH-Finanzberatung have investigated these questions. It … Read more

Consumer protection for online loans should be better

Consumer protection for online loans should be better

However, Malte Gallée is not completely satisfied. The MEP is angry that member states have refused to harmonize penalties for breaches of the consumer credit directive. According to the Bavarian, the Greens had demanded fines amounting to at least four percent of the creditor’s turnover. “The compromise simply states that member states must ensure that … Read more

The Spotify clause on price adjustments in subscriptions is not allowed

The Spotify clause on price adjustments in subscriptions is not allowed

The phrases of use for subscriptions to the Spotify new music streaming company include clauses that point out that the price can be improved if the whole value of giving the streaming services increases, but not if the price tag decreases. The federal association of shopper organizations (vzbv) is suing this clause. The Berlin regional … Read more

US could take action against airlines that do not meet consumer protection standards – NBC New York (47)

US could take action against airlines that do not meet consumer protection standards – NBC New York (47)

WASHINGTON DC – The day after Transportation Secretary Pete Buttigieg met with airline leaders to grill them about widespread flight disruptions, his own flight was canceled and he ended up driving from Washington to New York. “That’s happening to a lot of people, and that’s exactly why we’re paying a lot of attention here to … Read more

OJK’s New Rules, Debt Collectors Make Threats and Physical Violence Can Enter General Criminal Offenses Page all

OJK’s New Rules, Debt Collectors Make Threats and Physical Violence Can Enter General Criminal Offenses Page all

JAKARTA, KOMPAS.com – Regulation of the Financial Services Authority (BOY) Number 6/POJK.07/2022 regarding Consumer protection and the Society in the Financial Services Sector also regulates marketer and debt collector. OJK Deputy Commissioner for Consumer Education and Protection Sarjito said, marketer are also employees of financial services business actors (PUJK) or, marketers can be called employees … Read more