The New DMCC Act & Consumer Law - A Guide to the Latest Changes
Introduction
The Digital Markets, Competition and Consumers Act 2024 (‘the Act’) makes significant changes to consumer law that both lawyers and their clients need to be aware of.
In addition to changes to the rules on unfair commercial practices, the greatest change sees the introduction of fining powers both for the court and for the Competition and Markets Authority (‘CMA’) directly.
The changes will allow maximum potential fines to be levied of up to £300,000 or, if higher, up to 10% of the total value of the Trader’s turnover.
What You Will Learn
This webinar will cover the following:
- Unfair commercial practices:
- Repeal of the Consumer Protection from Unfair Trading Regulations 2008
- Amendments to the definition of ‘unfair commercial practice’
- Amendments are being made to the schedule of commercial practices which are always considered to be unfair
- Enforcement powers:
- Changes to the powers of the court
- Introduction of direct enforcement powers for the CMA
- CMA guidance about the exercise of their new powers
This pre-recorded webinar will be available to view from Friday 21st March 2025
Alternatively, you can gain access to this webinar and 1,700+ others via the MBL Webinar Subscription. Please email webinarsubscription@mblseminars.com for more details.