Consumer law – the key changes you need to know about
Recorded on: 18/12/2023
On the 25th April 2023, the UK Government introduced the Digital Markets, Competition and Consumers Bill (‘the Bill’). The Bill makes a series of important changes but the most important is the introduction of fining powers for the Competition and Markets Authority (‘CMA’) of up to 10% of the total value of the Trader’s turnover.
This webinar summarises the key changes and suggests a series of practical steps that can be taken to ensure compliance. Topics for discussion will include:
Unfair commercial practices
- repeal of the Consumer Protection from Unfair Trading Regulations 2008
- changes to the definition of ‘unfair commercial practice’
- proposed amendments to the schedule of commercial practices which are always considered to be unfair
Subscription Contracts
- definition of ‘subscription contracts’
- pre-contract information to be provided
- provision of reminder notices
- cooling off rights
Enforcement provisions
- definition of ‘relevant infringements’
- changes to the powers of the court
- changes to the powers of the CMA
- provisional and final infringement notices
- introduction of monetary penalties – fixed amount v daily rate
- appeals procedure
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