Monday, 29 May 2017

REFIT report of EU consumer law: exciting times ahead

Readers of this blog will know that 1,5 years ago the European Commission published a 'roadmap' for an evaluation and fitness check of EU consumer law (as a part of its 'Regulatory Fitness and Performance Programme'; REFIT). Today, the Commission presented an analysis which is intended to "serve as a basis for further improving the legal framework of consumer and business" (click here for the press release). According to the Commission, "[t]he results show that while European consumers already benefit from strong consumer rights, there is room for improvement for instance when it comes to enforcing these rights or making them fit for the digital age".

For this analysis, six consumer directives have been reviewed, including the Unfair Commercial Practices Directive, the Consumer Sales Directive and the Unfair Contract Terms Directive. Several issues are identified that should be addressed, such as limited redress possibilities and consumer rights not being fully adapted to the digital world. The Commission has announced that it will further examine rules concerning, inter alia, (civil law/contractual) remedies, online services and online platforms. It will also look into strengthening and harmonising the level of sanctions as well as injunctions and collective redress. This year (2017) a public consultation and an impact assessment will follow. 

We will keep you informed about any relevant (legislative) developments on this blog. For more information about the review of EU consumer law, see here.

3 comments:

  1. Hi friends am so happy today because i can now pay my bills and also do business and help my family too, i just got my loan and it was so quick and fast. you can get yours too if you need loan email him via: willianloanfirm6@gmail.com

    ReplyDelete
  2. Apply for a low interest Business/Personal loans to pay your bills or start your own business. If interested, contact us via email : dwanerobertloanfirm@gmail.com

    Company services include the following:

    * Personal Loans (Secure and unsecured):
    * Loans for business (secure and unsecured):
    * Student Loan:
    * Debt Consolidation loan:
    * Combination Loan :
    * Construction loans :
    * Home Loan :
    * Auto Loan :
    * Mortgage Loan :
    * Business Loan :

    We give out Personal Loans at the range of $ 1000 to $500000 while Business
    Loans are given out from the range of $10000 to $50000000 and this loan
    is been given out to individuals from duration of 1 year to 20 years.

    NOTE: You are to reply directly to our office email address: dwanerobertloanfirm@gmail.com

    ReplyDelete
  3. Hello friends, Do you want a cash loan today, there's only one company I can recommend for you where i got my loan of $199,500 from, williams Loans, contact them via email : willianloanfirm6@gmail.com

    ReplyDelete