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Digital Markets, Competition And Consumers Act 2024
The Digital Markets, Competition and Consumers Act 2024 (c. 13) is an act of the Parliament of the United Kingdom. It amends the Competition Act 1998 and the Enterprise Act 2002. A government press release described it as an act to "stamp out unfair practices and promote competition in digital markets". The act also introduced significant reforms to the enforcement of consumer protection laws. The act further bans subscription traps, fake reviews and drip pricing. Amendments at Third Reading in the House of Lords banned foreign states from having control or influence in the UK media. The act gives statutory definitions to different things including subscription contracts. In respect of digital markets regulation, it is the British counterpart to the European Union's Digital Markets Act and empowers the Competition and Markets Authority (which has established a Digital Markets Unit) to regulate firms designated as having "strategic market status". The bill for the act passed ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
List Of Acts Of The Parliament Of The United Kingdom From 2024 ...
Public general acts Local acts References {{UK legislation 2024 The year saw the list of ongoing armed conflicts, continuation of major armed conflicts, including the Russian invasion of Ukraine, the Myanmar civil war (2021–present), Myanmar civil war, the Sudanese civil war (2023–present), Sudane ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
House Of Lords
The House of Lords is the upper house of the Parliament of the United Kingdom. Like the lower house, the House of Commons of the United Kingdom, House of Commons, it meets in the Palace of Westminster in London, England. One of the oldest extant institutions in the world, its origins lie in the early 11th century and the emergence of bicameralism in the 13th century. In contrast to the House of Commons, membership of the Lords is not generally acquired by Elections in the United Kingdom, election. Most members are Life peer, appointed for life, on either a political or non-political basis. House of Lords Act 1999, Hereditary membership was limited in 1999 to 92 List of excepted hereditary peers, excepted hereditary peers: 90 elected through By-elections to the House of Lords, internal by-elections, plus the Earl Marshal and Lord Great Chamberlain as members Ex officio member, ''ex officio''. No members directly inherit their seats any longer. The House of Lords also includes ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Consumer Protection Legislation
A consumer is a person or a group who intends to order, or use purchased goods, products, or Service (economics), services primarily for personal, social, family, household and similar needs, who is not directly related to entrepreneurial or business activities. The term most commonly refers to a person who purchases goods and services for personal use. Rights "Consumers, by definition, include us all", said President John F. Kennedy, offering his definition to the United States Congress on March 15, 1962. This speech became the basis for the creation of World Consumer Rights Day, now celebrated on March 15. In his speech, John Fitzgerald Kennedy outlined the integral responsibility to consumers from their respective governments to help exercise consumers' rights, including: *The right to safety: To be protected against the marketing of goods that are hazardous to health or life. *The right to be informed: To be protected against fraudulent, deceitful, or grossly misleading inf ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
E-commerce In The United Kingdom
E-commerce (electronic commerce) refers to commercial activities including the electronic buying or selling products and services which are conducted on online platforms or over the Internet. E-commerce draws on technologies such as mobile commerce, electronic funds transfer, supply chain management, Internet marketing, online transaction processing, electronic data interchange (EDI), inventory management systems, and automated data collection systems. E-commerce is the largest sector of the electronics industry and is in turn driven by the technological advances of the semiconductor industry. Defining e-commerce The term was coined and first employed by Robert Jacobson, Principal Consultant to the California State Assembly's Utilities & Commerce Committee, in the title and text of California's Electronic Commerce Act, carried by the late Committee Chairwoman Gwen Moore (D-L.A.) and enacted in 1984. E-commerce typically uses the web for at least a part of a transaction's lif ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United Kingdom Competition Law
United Kingdom competition law is affected by both British and European elements. The Competition Act 1998 and the Enterprise Act 2002 are the most important statutes for cases with a purely national dimension. However, prior to Brexit, if the effect of a business' conduct would reach across borders, the European Commission has competence to deal with the problems, and exclusively EU law would apply. Even so, the pre-Brexit section 60 of the Competition Act 1998 provides that UK rules are to be applied in line with European jurisprudence. Like all competition law, that in the UK has three main tasks. * prohibiting agreements or practices that restrict free trading and competition between business entities. This includes in particular the repression of cartels. * banning abusive behaviour by a firm dominating a market, or anti-competitive practices that tend to lead to such a dominant position. Practices controlled in this way may include predatory pricing, tying, price gouging, re ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
2023 In British Politics
This is a list of elections in the United Kingdom scheduled to be held in 2023. Included are local elections, by-elections on any level, referendums and internal party elections. Dates * 9 February: 2023 West Lancashire by-election * 4 May: 2023 England local elections * 18 May: 2023 Northern Ireland local elections * 20 July: 2023 Uxbridge and South Ruislip by-election * 20 July: 2023 Selby and Ainsty by-election * 20 July: 2023 Somerton and Frome by-election * 5 October: 2023 Rutherglen and Hamilton West by-election * 12 October: 2023 Gibraltar general election * 19 October: 2023 Mid Bedfordshire by-election * 19 October: 2023 Tamworth by-election See also * 2023 in the United Kingdom Events of the year 2023 in the United Kingdom. This is the year of the coronation of King Charles III. Incumbents * Monarch of the United Kingdom, Monarch – Charles III * Prime Minister of the United Kingdom, Prime Minister – Rishi Su ... References {{United Kingdom el ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Online Safety Act 2023
The Online Safety Act 2023 (c. 50) is an act of the Parliament of the United Kingdom to regulate online content. Designed to protect children and adults online, it passed on 26 October 2023 and gives the relevant Secretary of State the power, subject to parliamentary approval, to designate and suppress or record a wide range of online content that is illegal or deemed "harmful" to children. The act creates a new duty of care for online platforms, requiring them to take action against illegal content, or legal content that could be "harmful" to children where children are likely to access it. Platforms failing this duty would be liable to fines of up to £18 million or 10% of their annual turnover, whichever is higher. It also empowers Ofcom to block access to particular websites. It obliges large social media platforms not to remove, and to preserve access to, journalistic or "democratically important" content such as user comments on political parties and issues. The act requi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Electronic Commerce Regulations 2002
The Electronic Commerce (EC Directive) Regulations 2002, SI 2002/2013, incorporates the EU Electronic Commerce Directive 2000/31/EC into the law of the United Kingdom. Enacted pursuant to European Communities Act 1972 They apply to contracts concluded by electronic means over distance whereby the buyer is a consumer. This subordinate legislation provides for rights of the consumer and provisions for which the seller is obliged to fulfill. Definition of a consumer A Consumer is a "natural person who is acting for the purposes other than those of his trade, business or profession."reg 2(1). The definition is slightly broader than that for the purposes of the Unfair Contract Terms Act 1977 as the subjective requirement of ''the person not regarding themselves as acting in the course of a business'', therefore one may be a consumer if using a company account or using business details for tax purposes. Obligations imposed upon the seller Before the contract is formed, the sel ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Royal Assent
Royal assent is the method by which a monarch formally approves an act of the legislature, either directly or through an official acting on the monarch's behalf. In some jurisdictions, royal assent is equivalent to promulgation, while in others that is a separate step. Under a modern constitutional monarchy, royal assent is considered little more than a formality. Even in nations such as the United Kingdom, Norway, the Netherlands, Liechtenstein and Monaco which still, in theory, permit their monarch to withhold assent to laws, the monarch almost never does so, except in a dire political emergency or on advice of government. While the power to veto by withholding royal assent was once exercised often by European monarchs, such an occurrence has been very rare since the eighteenth century. Royal assent is typically associated with elaborate ceremony. In the United Kingdom the Sovereign may appear personally in the House of Lords or may appoint Lords Commissioners, who anno ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Competition And Markets Authority
The Competition and Markets Authority (CMA) is the principal competition regulator in the United Kingdom. It is a non-ministerial government department in the United Kingdom, responsible for promoting competitive markets and tackling unfair behaviour. The CMA launched in shadow form on 1 October 2013 and began operating fully on 1 April 2014, when it assumed many of the functions of the previously existing Competition Commission and Office of Fair Trading, which were abolished. The CMA also has consumer protection responsibilities and took on new digital markets regulation responsibilities in late 2024 under the Digital Markets, Competition and Consumers Act 2024. The CMA alongside the European Commission, the United States Department of Justice and the Federal Trade Commission, is a globally important antitrust agency. History On 15 March 2012, the UK Government's Department for Business, Innovation and Skills (BIS) announced proposals for strengthening competition in the U ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Digital Markets Act
The Digital Markets Act (DMA) is an EU regulation that aims to make the digital economy fairer and more contestable. The regulation entered into force on 1 November 2022 and became applicable, for the most part, on 2 May 2023. The DMA aims to ensure a higher degree of competition in European digital markets by preventing large companies from abusing their market power and by allowing new players to enter the market. This regulation targets the largest digital platforms operating in the European Union. They are also known as "gatekeepers" due to the "durable" market position in some digital sectors and because they also meet certain criteria related to the number of users, their turnovers, or capitalisation. Twenty-two services across six companies (deemed "gatekeepers") – Alphabet, Amazon, Apple, ByteDance, Meta, and Microsoft – were identified as "core platform services" by the EU in September 2023. These companies had until 6 March 2024 to comply with all of the Act's ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Drip Pricing
In online retail, drip pricing (also known as partitioned pricing or shrouded pricing) is a sales technique where a headline price is advertised at the beginning of the purchase process, followed by the incremental disclosure of additional fees, taxes or charges. The objective of drip pricing is to gain a consumer's interest in a misleadingly low headline price without the true final price being disclosed until the consumer has invested time and effort in the purchase process and made a decision to purchase. Drip pricing is controversial because it can deceive consumers and distort competition by making it difficult for businesses with more transparent pricing practices to compete on a level playing field. Many jurisdictions have enacted legislation to outlaw drip pricing of fees, taxes and surcharges. For example, throughout the European Economic Area and most of the rest of Europe, retailers must include value added tax in prices given to consumers. Article 22 of Directive 2011/ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
