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European Union

EU law weekly briefing: case law and regulatory developments in competition/state aid, data protection, financial services, environment, IP, life sciences, TMT and insolvency—14 November 2024

Published on: 14 November 2024

Published by a LexisNexis EU Law expert
Legal News
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In this issue:

  • Commercial
  • Competition and state aid
  • Data protection and cybersecurity
  • Financial services
  • Environment
  • Insurance and reinsurance
  • IP
  • Life sciences
  • Regulatory
  • Restructuring and insolvency
  • TMT
  • International Trade
  • Daily and weekly news alerts
  • New and updated content

Commercial

Temu’s practices found to breach EU consumer laws

The European Commission has informed Temu that a number of its practices breach EU consumer law and has instructed the platform to bring them into line. A co-ordinated investigation by the Consumer Protection Cooperation (CPC) Network, the Commission and national authorities concluded that Temu misled shoppers with bogus discounts, pushed customers into purchases by falsely claiming limited stock and looming deadlines, and provided incomplete or inaccurate details about consumers’ rights on returns and refunds. Investigators also reported that users were forced to play a ‘spin the fortune wheel’ game to access the marketplace, that fake reviews were used, and that contact information was hard to find. Temu has one month to respond to the CPC Network’s conclusions and to propose commitments setting out how the issues identified will be remedied...

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