BUSI2034 Lecture Notes - Lecture 5: Consumer Protection
Document Summary
Network of offices offering advice and assistance to consumer in every eu country. It helps boost consumer confidence across the eu by telling consumers about their rights about buying goods and services in another eu country. Airbus faces record billion fine after bribery probe kar gupta and hepher - https://www. reuters. com/article/us-airbus-probe/airbus-agrees-to-settle-corruption- probes-with-u-s-france-uk- iduskbn1zr0hq?utm_source=before+the+bell&utm_campaign=67088f035b- Airbus faces a record billion fine and lower 2019 profits after a deal with french, British and us authorities following a 3-year probe into allegations of bribery and corruption over jetliner sales. Deal is expected to allow airbus to avoid criminal charges that would have banned the company from public contracts in the us and eu. European parliament and the council reached a provisional agreement on stronger and better enforced consumer protection rules. Improvement: more transparency for consumers when buying online, effective penalties and clear rules to tackle the issue of dual quality of products in the eu. Part of the new deal for consumers.
