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The most popular electronic payment methods

The most popular electronic payment methods

In the last couple of years electronic payment systems became popular mostly due to the growing financial capabilities of the internet generation which spends many hours online and has less interest in shopping in physical stores. These systems differ significantly from the traditional payment systems as they allow for the electronic transfer of fu...

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What changed for consumers and sellers on the Internet?

What changed for consumers and sellers on the Internet?

Regulation (EU) 2017/2394 of the European Parliament and of the Council of 12 December 2017 on cooperation between national authorities responsible for the enforcement of consumer protection laws and repealing Regulation (EC) No 2006/2004 (the “CPC Regulation“), was directly implemented into national law (the Bulgarian Consumer Protection Act) this...

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Consumer protection – what’s new and why now?

Consumer protection – what’s new and why now?

Regulation (EU) 2017/2349 introduced significant changes in the way national authorities cooperate in the field of consumer protection, as well as their power to take down internet content, and, in some instances, shut down websites. So for what kind of infringements do the new rules entitle national authorities to take action? These are: 1. In...

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Consumer Protection Commission – the new Lord of the Web?

Consumer Protection Commission – the new Lord of the Web?

The Consumer Protection Commission (CPC)’s authorities have been extended when it comes to illegal content on the Internet. This became possible after the amendments to the Consumer Protection Act (CPA), in force from 14.02.2020, which supplement the provisions of Regulation (EU) 2017/2394 on cooperation between national authorities responsible for...

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