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Today, the European Commission and the national consumer authorities (the ‘CPC Network’) announced the end of their dialogue with TikTok, which had been running for more than a year, and the closure of their investigation into the social media platform. Despite some welcome improvements to TikTok’s policies, some worrying issues remain open or unresolved.
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There are pluses and minuses for consumers in today’s European Parliament internal market committee vote on reforming the main EU product safety law.
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EU Member States have just adopted their position on updated rules for consumer credit. This follows a strong European Commission proposal to modernise the bloc’s outdated Consumer Credit Directive, which covers all types of credit, including peer-to-peer lending and deferred debit cards.
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The targets agreed would mean that no fossil-fuelled car can be sold as of 2035. This is a historic and crucial step to bring the climate and financial benefits of electric cars to Europeans.