EC to address ‘unfair contractual clauses and trading practices’
The European Commission is considering legislation to address ‘unfair contractual clauses and trading practices identified in platform-to-business relationships’, reports the Bookseller.
The initiative, which was announced on 10 May as part of a mid-term review of the Digital Single Market (DSM) strategy, follows the European Commission’s decision last week to make the removal of Amazon’s ‘Most Favoured Nation’ ebook clause legally binding.
‘The Commission will prepare actions to address the issues of unfair contractual clauses and trading practices identified in platform-to-business relationships, including by exploring dispute resolution, fair practices criteria and transparency,’ it said in a statement. ‘These actions could, on the basis of an Impact Assessment and informed by structured dialogues with Member States and stakeholders, take the form of a legislative instrument. This work will be finalised by the end of 2017.’
The European Commission added: ‘We must create a legal framework that stimulates innovation and tackles market fragmentation to enable a clear, stable and trusted environment where all players can operate under fair and balanced conditions.’
According to Reuters, the proposed legislation would tackle complaints of unfair trading practices made against online companies such as Apple and Google.
Category: International news