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Consumer Protection Laws European Union

A&O Shearman

Financial Conduct Authority Policy Statement on Rules for Access to Cash

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The Financial Conduct Authority has published a policy statement on the final rules and guidance for a new regulatory regime to support access to cash for the consumers and businesses that rely on it, along with a research...more

Faegre Drinker Biddle & Reath LLP

New UK Consumer Laws on Fake Reviews, Subscription Contracts and Drip Pricing: Impact on US Businesses

In May of this year, the UK Government passed the Digital Markets, Competition and Consumers Act (DMCC) into law. The DMCC is wide-ranging and covers three key areas: consumer law, digital markets, and merger and antitrust...more

Skadden, Arps, Slate, Meagher & Flom LLP

Insights – June 2024

Explore the unique considerations for mergers and acquisitions in the AI sector, the return of IPOs, the implications of new Supreme Court decisions and other developments in this edition of Skadden’s quarterly Insights....more

Skadden, Arps, Slate, Meagher & Flom LLP

The EU AI Act: What Businesses Need To Know

The newly approved Artificial Intelligence Act (AI Act or the Act) aims to create a secure and trustworthy environment for the development and use of AI in the European Union....more

A&O Shearman

Financial Ombudsman Service Announces Continuation of Proactively Settled Complaints Scheme

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The Financial Ombudsman Service has announced that its proactive settlement scheme will continue. The FOS explains that over the last couple of years, it has trialed a new way to help financial businesses and their customers...more

A&O Shearman

Council of the European Union Agrees Negotiating Mandate on Retail Investment Package

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The Council of the European Union has announced that it has agreed its negotiating position on the retail investment package and published the relevant texts. The package consists of an amending Directive, known as the...more

A&O Shearman

New U.K. digital markets regime

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The Digital Markets, Competition and Consumers Act 2024 will introduce groundbreaking new rules to regulate digital markets in the U.K. It aims to boost competition by controlling the conduct of the largest digital firms,...more

A&O Shearman

U.K. consumer enforcement overhaul

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The Digital Markets, Competition and Consumers Act 2024 will result in a landmark overhaul of the U.K. consumer protection regime. It will dramatically increase the Competition and Markets Authority (CMA's) enforcement powers...more

A&O Shearman

U.K. finalizes new consumer antitrust and digital markets regime

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The Digital Markets, Competition and Consumers Act 2024 has finally been enacted. It introduces significant changes to U.K. merger control and antitrust rules, establishes a new consumer protection regime and introduces a...more

Akin Gump Strauss Hauer & Feld LLP

Colorado Passes New Watershed AI Consumer Protection Bill

Key Points - Colorado’s new AI law creates new obligations for developers and deployers of high-risk artificial intelligence (AI) systems. Similar to the EU AI Act, the law is risk-based and defines a “high-risk” AI system as...more

Perkins Coie

States Begin To Regulate AI in Absence of Federal Legislation

Perkins Coie on

The European Union seized the early global lead in regulating artificial intelligence (AI) by passing its AI Act on March 13, 2024, following a lengthy legislative process. Meanwhile, across the Atlantic, the U.S. Congress...more

A&O Shearman

The new Italian Annual Market and Competition Law

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The Italian Annual Market and Competition Law (Law n. 214/2023, the Law) came into effect on 31 December 2023. The Law aims to foster competition as a driver for efficiency and economic growth, in line with the Italian...more

Mintz - Antitrust Viewpoints

(Un)fair Use? Copyrighted Works as AI Training Data — AI: The Washington Report

Welcome to this week’s issue of AI: The Washington Report, a joint undertaking of Mintz and its government affairs affiliate, ML Strategies. This week, we discuss the continued contentious matter of the use of...more

Mintz - Antitrust Viewpoints

Three Trends in AI Regulation in 2023 — AI: The Washington Report

Welcome to this week’s issue of AI: The Washington Report, a joint undertaking of Mintz and its government affairs affiliate, ML Strategies. The year 2023 has been a significant one for artificial intelligence and AI...more

A&O Shearman

Representative actions for redress will be possible from October 2023

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The redress action allows consumer associations to collectively sue companies for performance claims of consumers. The law comes into force in October 2023. What does the redress action mean for the companies that could...more

BCLP

The DMA and the DMCC: A Side by Side Analysis

BCLP on

The Digital Markets, Competition and Consumers Bill (“DMCC”) introduces a framework to govern ‘big tech’ in the UK, similar in aim to the EU’s Digital Markets Act (“DMA”). The bill is currently at report stage in the House of...more

Goodwin

The Digital Markets, Competition, and Consumers Bill

Goodwin on

The Digital Markets, Competition, and Consumers Bill (the DMCC) was introduced in the House of Commons on 25 April 2023, and the second reading was held on 17 May. The DMCC aims to cover two main topics: (a) digital markets...more

TransPerfect Legal

Digital Tough Love

TransPerfect Legal on

In the run-up to the TLS in-person event (The Future of EU & UK Competition Regulation), there was heightened chatter about the long-anticipated yet unreleased Digital Markets, Competition, and Consumers (DMCC) Bill. A mere...more

White & Case LLP

All change? The new Digital Markets, Competition and Consumers Bill

White & Case LLP on

The long-awaited Digital Markets, Competition and Consumers Bill has been published. Touted as a Bill to "stamp out unfair practices and promote competition in digital markets", the DMCC seeks to enhance consumer protection...more

WilmerHale

UK’s Digital Markets, Competition and Consumers Bill: Increased Oversight Especially for Digital Companies

WilmerHale on

On 25 April 2023, the UK government published the Digital Markets, Competition and Consumers Bill (“Bill”). Before the Bill becomes law, both Houses of Parliament will need to approve it and amendments are likely....more

Sheppard Mullin Richter & Hampton LLP

GDPR and U.S. States' General Privacy Laws Deskbook

California Consumer Privacy Act of 2018 (as amended by the California Privacy Rights Act of 2020) and Related Regulations - 1798.100 General Duties of Businesses that Collect Personal Information - (a) A business that...more

White & Case LLP

Disagreement rather than consensus: The concrete implementation of the Directive on representative actions remains unclear

White & Case LLP on

When two people quarrel, someone else has the last laugh. It remains to be seen whether this saying proves true in the case of the transposition of the EU Directive on representative actions (EU 2020/1828) ("the Directive")...more

Eversheds Sutherland (US) LLP

The march to regulatory change for artificial intelligence: the commonalities between the EU and US

This briefing links up some commonalities between the EU and US in terms of the AI march to regulatory change. Our global regulatory specialists have put their heads together for this update on EU, New York City (NYC) and...more

Dechert LLP

Treating Crypto Fairly: The New UK Government Consults on a Comprehensive Regulatory Regime for Cryptoassets

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The United Kingdom HM Treasury (“HMT”) on 1 February 2023 launched its first consultation on the future regulatory regime for cryptoassets (the “Cryptoassets Consultation”). At the same time, it also published a response to...more

ArentFox Schiff

Does the SEC "Best Interest" Regulation Go Far Enough?

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The US Securities and Exchange Commission (SEC) has adopted a new standard called Regulation Best Interest (Reg BI) that shifts the focus on protecting customers first and foremost. Although the regulation possibly puts...more

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