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Antitrust enforcement
Teaser text far far away, behind the word mountains, far from the countries Vokalia and Consonantia, there live the blind texts. Separated they live in Bookmarksgrove right at the coast of the Semantics.
Introduction text Collective redress is a legal term used within the European Union to define the legal instrument of group proceedings as there is absolutely no regulation at the moment. At the present the European Commission is working on a study to introduce European class action[1], similar to the US class action.
Source: Delivering Collective Redress: New Technologies by Prof. Christopher Hodges, Oxford University and Prof. Stefaan Voet, Leuven University
body The project is currently at the stage of obtaining expert report and opinion. A survey carried out by the Commission Consumer redress showed that more than 79% of EU consumers would exercise their rights with other claimants in the event of joint proceedings.[2] The possibility of group action would enable inexpensive legal action and would also act as deterrent.[3] We focus on promoting a balanced system of adjudication, on promoting fair, balanced, transparent and efficient civil justice laws and systems in Europe.
Quote „Dies ist ein Typoblindtext. An ihm kann man sehen, ob alle Buchstaben da sind und wie sie aussehen. Manchmal benutzt man Worte wie Hamburgefonts, Rafgenduks oder Handgloves, um Schriften zu testen.“ – someone said
https://ec.europa.eu/info/sites/info/files/first_report_on_the_functioning_of_the_odr_platform.pdf
Consumer protection regulations are enforced in many consumer facing industries such as utilities and travel. The regulator cannot (and must not) dictate compensation, but encourage it.
Europe already has over 750 ADR bodies and mechanisms. A SANCO report published in 2009 indicates that over 500 000 disputes were resolved by ADR each year. The evidence is that this figure is raising rapidly.
Public authorities already plan an active role in promoting redress. The consumer ombudsman in the Norsk regions are asked by both claimants and defendants to help resolve disputes. Moreover, the ombudsman filter out on estimated one third of complaints on which key were formulated. In London, the financial Ombudsman Service handles over 160 000 complaints each year and filters out some 40% on being ill founded.
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