Glimstedt Estonia collects Planet 42 investor claims
P42 Massinõuded OÜ, established at the request of a client of Law Firm Glimstedt Estonia, is an independent and transparent solution for Planet 42 and…
From May 28, 2022, all changes to the law made in Estonia on the basis of the 2019/2161/EU or “Omnibus” directive will apply. Here Evelin Kanter, Ringo Heidmets, and Tristan Karu present some of the points on which we have been asked the most for advice.
Yellow price tags, actual price and discounts. From now on, each notice of price reduction must indicate the previous cheapest price applied by the company for at least 30 days before the price reduction. The trader may not create the impression of an artificially higher discount. This protects the consumer from unfair trading practices.
Fake reviews, consumer feedback:
Automated pricing, i.e. adjusting the price according to the consumer’s behaviour, means that the consumer must be informed if the price at which the service or product is offered to them has been adjusted personally by an automatic algorithm according to their activities . For example, in a situation where the system increases the price of airline tickets, if the consumer has visited the website a certain number of times from a device with the same IP address, the consumer must be informed about this.
In addition, the directive provides much more on unfair trading practices. Read more about the directive https://eur-lex.europa.eu/legal-content/ET/TXT/?uri=CELEX:32019L2161