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LinkedIn and 3rd parties use essential and non-essential cookies to provide, secure, analyze and improve our Services, and to show you relevant ads (including professional and job ads) on and off LinkedIn. Learn more in our Cookie Policy. Select Accept to consent or Reject to decline non-essential cookies for this use. You can update your choices at any time in your settings. Accept Reject Agree & Join LinkedIn By clicking Continue to join or sign in, you agree to LinkedIn’s User Agreement, Privacy Policy, and Cookie Policy. Skip to main content LinkedIn * Articles * People * Learning * Jobs * Games Join now Sign in UN TRADE AND DEVELOPMENT (UNCTAD)’S POST UN Trade and Development (UNCTAD) 186,663 followers 5mo * Report this post Did you know that UN Trade & Development has a tool for assessing the status of consumer law and policy worldwide? The World Consumer Protection Map offers relevant indicators and information on the global status of consumer law and policy. It provides detailed insights into consumer product safety, the promotion of sustainable consumption, and e-commerce and financial services. Explore the map to learn more: https://bit.ly/unctad_wcpm …more Play Video Video Player is loading. Loaded: 6.00% 0:00 PlayBack to start Stream Type LIVE Current Time 0:00 / Duration 0:35 1x Playback Rate Show Captions Mute Fullscreen 15 Like Comment Share * Copy * LinkedIn * Facebook * Twitter To view or add a comment, sign in MORE RELEVANT POSTS * AELEX 24,094 followers 7mo * Report this post In recent years, competition law has become increasingly important in regulating market behaviour and ensuring fair competition among businesses. One of the critical areas that competition laws address is concerted action among competitors, including price-fixing which can harm consumers, stifle innovation, and distort market dynamics. In this article, the concept of price fixing and concerted action, and their implications under the Federal Competition and Consumer Protection Act (FCCPA) are discussed, addressing the legal framework and enforcement mechanisms in place. Authored by our Tiwalola Osazuwa and Onyinyechi Chima, this article explores: - Different forms of concerted action (like market division & bid-rigging). - How price fixing harms consumers and the economy. - When price changes are legitimate (like responding to competition). - The FCCPA's enforcement powers and penalties for violations. You will find this useful if you are interested in competition laws and compliance. Please click the link below to read the full article and share with your connections. https://lnkd.in/dgn2fdKz #AELEX #Consumerprotection #Consumerprotectionlaws #Compliance #CompetitionLaw #Nigeria #FCCPA #PriceFixing #FairCompetition * 44 1 Comment Like Comment Share * Copy * LinkedIn * Facebook * Twitter To view or add a comment, sign in * Brendan Donohue Senior Associate @ Herbert Smith Freehills | Dispute Resolution 8mo * Report this post "Unfair trading practices” and “dark patterns”: as the rising tide of tech regulation continues apace, in the attached, Patrick Clark and I consider some potential consumer protection law reform on the horizon. #auslaw https://lnkd.in/gkwXDB-t "UNFAIR TRADING PRACTICES” AND “DARK PATTERNS” ON THE AUSTRALIAN GOVERNMENT’S AGENDA | HERBERT SMITH FREEHILLS | GLOBAL LAW FIRM HERBERTSMITHFREEHILLS.COM 20 Like Comment Share * Copy * LinkedIn * Facebook * Twitter To view or add a comment, sign in * ABTA 24,049 followers 1w Edited * Report this post “The new landmark legislation, Digital Markets, Competition and Consumers (DMCC) Act 2024, enacted on 24 May 2024, has substantially strengthened the Competition and Markets Authority’s (CMA) enforcement powers. This legislation marks a shift toward greater accountability for businesses engaging with UK consumers and underscores the importance of compliance with consumer protection standards.” Daniel Scognamiglio and Seray Genc of Blake Morgan LLP take a deep dive into the increased powers of CMA under the DMCC Act 2024. The article covers: 💪Strengthening enforcement ⬆️Increased rights for consumers 🚫Penalties and remedies for non-compliance 💸Personal fines ⚖️Impact of the Act Read the full article on page 8 & 9 of our latest issue of Travel Law Today: https://lnkd.in/eNXw4dEt 2 Like Comment Share * Copy * LinkedIn * Facebook * Twitter To view or add a comment, sign in * Osborne Clarke - UK 6,769 followers 7mo * Report this post 📢 Are you ready for the UK Digital Markets Competition and Consumers Act (DMCCA)? The Quick Bite below unpacks five things businesses need to know about the new digital markets regime. 🔎 To learn more about the changes to competition law and consumer law, read the full Insight here > https://lnkd.in/ep8TWUg3 On the 23rd May the DMCCA was passed by Parliament. It introduces brand new regulation for UK digital markets and brings sweeping change to competition and consumer law in the UK. 💼 💡 What will these changes mean in practice? 💡 Who is affected? 💡 What are the penalties for businesses who fail to comply? Reach out to our expert legal team > Katherine Kirrage, Emily Tombs. Jamie Heatly, Emily Addleman, John Davidson-Kelly, Tom Harding, Katie Vickery and Thomas Stables 26 Like Comment Share * Copy * LinkedIn * Facebook * Twitter To view or add a comment, sign in * Osborne Clarke 50,321 followers 7mo * Report this post #DMCCA 📣 This is a large piece of legislation, but covers three distinct areas, Competition, Consumer and Digital Markets regulation. In all the noise, what are the five things you need to know about each? 👇 Osborne Clarke - UK 6,769 followers 7mo 📢 Are you ready for the UK Digital Markets Competition and Consumers Act (DMCCA)? The Quick Bite below unpacks five things businesses need to know about the new digital markets regime. 🔎 To learn more about the changes to competition law and consumer law, read the full Insight here > https://lnkd.in/ep8TWUg3 On the 23rd May the DMCCA was passed by Parliament. It introduces brand new regulation for UK digital markets and brings sweeping change to competition and consumer law in the UK. 💼 💡 What will these changes mean in practice? 💡 Who is affected? 💡 What are the penalties for businesses who fail to comply? Reach out to our expert legal team > Katherine Kirrage, Emily Tombs. Jamie Heatly, Emily Addleman, John Davidson-Kelly, Tom Harding, Katie Vickery and Thomas Stables 19 Like Comment Share * Copy * LinkedIn * Facebook * Twitter To view or add a comment, sign in * Bird & Bird 123,389 followers 6mo * Report this post 💻 The Digital Markets, Competition and Consumers Bill has been passed, becoming the Digital Markets, Competition and Consumers Act, and will significantly reform competition and consumer law in the UK. If you’re a consumer-facing business, take a look at our latest article summarising key developments you need to know. Check in with us soon to find out the competition updates! #ConsumerLaw #Consumer COMPETITION AND CONSUMER LAW REFORM: THE DIGITAL MARKETS, COMPETITION & CONSUMERS BILL IS PASSED BY UK PARLIAMENT TWOBIRDS.COM 10 Like Comment Share * Copy * LinkedIn * Facebook * Twitter To view or add a comment, sign in * Nicola Conway Retail & Consumer Lawyer (Senior Associate) at Bird & Bird LLP 6mo * Report this post The Digital Markets, Competition & Consumers Bill (DMCCB) has now been officially passed by Parliament. If you're a consumer-facing business (and especially if you operate auto-renewing subscriptions), some of the consumer law developments may necessitate some changes within your business in order to avoid fines. My colleagues, Robert Turner & Sophie Stoneham, set out some high level information on what you should be aware of in the brief article linked below. As ever, just reach out if you'd like to continue the conversation 🐥💬 Bird & Bird 123,389 followers 6mo 💻 The Digital Markets, Competition and Consumers Bill has been passed, becoming the Digital Markets, Competition and Consumers Act, and will significantly reform competition and consumer law in the UK. If you’re a consumer-facing business, take a look at our latest article summarising key developments you need to know. Check in with us soon to find out the competition updates! #ConsumerLaw #Consumer COMPETITION AND CONSUMER LAW REFORM: THE DIGITAL MARKETS, COMPETITION & CONSUMERS BILL IS PASSED BY UK PARLIAMENT TWOBIRDS.COM 5 Like Comment Share * Copy * LinkedIn * Facebook * Twitter To view or add a comment, sign in * Simon Neill Partner, EC & UK Competition Law at international law firm Osborne Clarke 6mo * Report this post A pithy and digestible summary of the main changes introduced by the Digital Markets, Competition & Consumer Act... Osborne Clarke - UK 6,769 followers 7mo 📢 Are you ready for the UK Digital Markets Competition and Consumers Act (DMCCA)? The Quick Bite below unpacks five things businesses need to know about the new digital markets regime. 🔎 To learn more about the changes to competition law and consumer law, read the full Insight here > https://lnkd.in/ep8TWUg3 On the 23rd May the DMCCA was passed by Parliament. It introduces brand new regulation for UK digital markets and brings sweeping change to competition and consumer law in the UK. 💼 💡 What will these changes mean in practice? 💡 Who is affected? 💡 What are the penalties for businesses who fail to comply? Reach out to our expert legal team > Katherine Kirrage, Emily Tombs. Jamie Heatly, Emily Addleman, John Davidson-Kelly, Tom Harding, Katie Vickery and Thomas Stables 6 Like Comment Share * Copy * LinkedIn * Facebook * Twitter To view or add a comment, sign in * Amy Cole Commercial Lawyer at Bird & Bird - Business-to-Consumer I Marketing & Advertising 6mo * Report this post 🔔 The DMCC Bill has been approved by Parliament. 🔔 If you are a consumer-facing business, there are new rules on subscription contracts, fake reviews, and hidden pricing rules that you will need to consider, as well as increased CMA powers. Please have a read of our article below, and get in touch if you would like to discuss the impact to your business further. Bird & Bird 123,389 followers 6mo 💻 The Digital Markets, Competition and Consumers Bill has been passed, becoming the Digital Markets, Competition and Consumers Act, and will significantly reform competition and consumer law in the UK. If you’re a consumer-facing business, take a look at our latest article summarising key developments you need to know. Check in with us soon to find out the competition updates! #ConsumerLaw #Consumer COMPETITION AND CONSUMER LAW REFORM: THE DIGITAL MARKETS, COMPETITION & CONSUMERS BILL IS PASSED BY UK PARLIAMENT TWOBIRDS.COM 8 Like Comment Share * Copy * LinkedIn * Facebook * Twitter To view or add a comment, sign in * Marriott Harrison 2,870 followers 4mo * Report this post The Digital Markets, Competition and Consumers Act 2024 (DMCCA) received Royal Assent on 24 May 2024. The introduction of this new law marks a transformative step in regulating digital markets, enhancing competition, and bolstering consumer protection in the UK. The DMCCA: ✍ creates a framework for regulating large businesses which have a significant market presence in digital markets; 🔍 expands the Competition and Markets Authority’s (CMA) investigation and enforcement powers in the field of competition law; and 🎯 introduces consumer law reforms. This article written by Head of Commercial, Chris Mooney and Commercial associate Elisabetta Bestetti, focuses on consumer law reform which is a particularly important area to understand, due to the enhanced powers of the CMA, which include the ability to issue fines of up to 10% of global annual turnover. Click here to read the full article 👉 https://lnkd.in/eeVQK4gF * 11 Like Comment Share * Copy * LinkedIn * Facebook * Twitter To view or add a comment, sign in 186,663 followers View Profile Follow MORE FROM THIS AUTHOR * HOW CRITICAL ENERGY TRANSITION MINERALS CAN PAVE THE WAY FOR SHARED PROSPERITY UN Trade and Development (UNCTAD) 1mo * UN TRADE AND DEVELOPMENT DRIVES INTEGRATED FINANCE, INVESTMENT AND TRADE SOLUTIONS TO CLIMATE CHANGE UN Trade and Development (UNCTAD) 1mo EXPLORE TOPICS * Sales * Marketing * IT Services * Business Administration * HR Management * Engineering * Soft Skills * See All * LinkedIn © 2024 * About * Accessibility * User Agreement * Privacy Policy * Cookie Policy * Copyright Policy * Brand Policy * Guest Controls * Community Guidelines * * العربية (Arabic) * বাংলা (Bangla) * Čeština (Czech) * Dansk (Danish) * Deutsch (German) * Ελληνικά (Greek) * English (English) * Español (Spanish) * فارسی (Persian) * Suomi (Finnish) * Français (French) * हिंदी (Hindi) * Magyar (Hungarian) * Bahasa Indonesia (Indonesian) * Italiano (Italian) * עברית (Hebrew) * 日本語 (Japanese) * 한국어 (Korean) * मराठी (Marathi) * Bahasa Malaysia (Malay) * Nederlands (Dutch) * Norsk (Norwegian) * ਪੰਜਾਬੀ (Punjabi) * Polski (Polish) * Português (Portuguese) * Română (Romanian) * Русский (Russian) * Svenska (Swedish) * తెలుగు (Telugu) * ภาษาไทย (Thai) * Tagalog (Tagalog) * Türkçe (Turkish) * Українська (Ukrainian) * Tiếng Việt (Vietnamese) * 简体中文 (Chinese (Simplified)) * 正體中文 (Chinese (Traditional)) Language SIGN IN TO VIEW MORE CONTENT Create your free account or sign in to continue your search Sign in WELCOME BACK Email or phone Password Show Forgot password? 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