EU plans more powers for consumers to sue companies
The European Union plans more powers for consumers to sue firms such as Volkswagen after the Dieselgate scandal showed the limits of consumer protection authorities to curb corporate cheating.
Wednesday’s proposal by the EU executive would allow some groups to launch collective action and consumer protection authorities higher sanctions for rule breakers.
Amid frustration in Brussels with rule-flouting by the powerful tech and auto industries, fines will increase to up to 4 per cent of annual turnover for companies deemed to have trampled on the rights of a large group of consumers.
“Consumer authorities will finally get teeth to punish the cheaters,” Europe’s Justice Commissioner Vera Jourova said. “It cannot be cheap to cheat.”
Along with a separate plan to improve transparency over how science shapes policy, officials couched the moves as the EU becoming more responsive to citizens’ worries such as the potential cancer risk of products such as glyphosate, used in Monsanto’s Roundup.
EU regulators say that, after VW was caught using software to cheat emissions test by US authorities, they lacked the tools to ensure EU car owners received the same kind of compensation offered…
from FR33Q’s broadcasted articles on Inoreader http://j.mp/2HtnTLU
via IFTTT
http://j.mp/2GTKunu
April 11, 2018 at 02:59PM
Comments
Post a Comment