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Act on Strengthening Consumer Protection in Competition and Trade Law.

Country/Territory
Germany
Document type
Legislation
Date
2021
Source
FAO, FAOLEX
Original source
Bundesgesetzblatt year 2021, Part I, No.53 , 30 August 2021 pp.3504-3512.
Subject
General
Keyword
Business/industry/corporations Consumer protection Internal trade Offences/penalties
Geographical area
Alps, Europe, Europe and Central Asia, European Union Countries, North Sea, North-East Atlantic, Western Europe
Entry into force notes
This Act comes into force on 28 May 2022.
Abstract

The Act provides for protection of co-workers, advertisers, consumers and other market participants against unfair business conduct and actions. The Act describes business activities that result in business misleading and aggressive business conduct. The Act provides for requirements on essential information to be provided to customers and further on prohibition of violation of the consumer's benefits by unfair business dealing. The Act further provides for fine and damages on violation and infringement of the regulations. The Act consists of 3 Articles as follow: (1) Changes of law against unfair competition; (2) Modification of the trade regulations; (3) Entry into force. The Annex of this Act provides for prohibited business activities towards consumers.

Full text
German
Website
www.bgbl.de