Tag #Consumer Protection

Showing 73 to 84 of 331 results

welt.de

🌐 75% Global Worthiness

May 6, 19:17

German Gas Prices: Cartel Office Considers Regulations Amidst Price-Cutting Debate

German gas prices fell in April, but not proportionally to global crude oil price drops, prompting the Bundeskartellamt to consider regulations limiting daily price increases, a move opposed by industry experts due to potential negative consequences for consumers and competition.

German Gas Prices: Cartel Office Considers Regulations Amidst Price-Cutting Debate

German gas prices fell in April, but not proportionally to global crude oil price drops, prompting the Bundeskartellamt to consider regulations limiting daily price increases, a move opposed by industry experts due to potential negative consequences for consumers and competition.

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Affordable and Clean Energy

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What is the immediate impact of German oil companies not fully passing on lower global crude oil prices to consumers?

In April, German gas prices decreased for the second consecutive month, but the reduction was less than the drop in global crude oil prices, indicating that oil companies didn't fully pass on their cost savings to consumers. Super E10 dropped by one cent to .68 per liter, while diesel fell by four cents to .58.

forbes.com

🌐 75% Global Worthiness

May 1, 19:18

Garda Warn of Rising Whiskey Investment Scams

The Garda Síochána warned the Irish public about rising whiskey investment scams linked to organized crime, urging victims to come forward; while few Irish cases exist, international reports highlight the risk.

Garda Warn of Rising Whiskey Investment Scams

The Garda Síochána warned the Irish public about rising whiskey investment scams linked to organized crime, urging victims to come forward; while few Irish cases exist, international reports highlight the risk.

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Peace, Justice, and Strong Institutions

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What is the immediate impact of the Garda Síochána's warning regarding whiskey investment scams on the Irish public and financial sector?

The Garda Síochána issued a warning about rising whiskey investment scams, urging victims to report incidents. These scams, often involving inflated prices or nonexistent casks, are linked to organized crime and have garnered international attention, primarily focused on Scotch whisky but with Irish whiskey also implicated. Victims often discover fraud when companies shut down unexpectedly.

elpais.com

🌐 75% Global Worthiness

Apr 30, 19:21

Spain Investigates Ride-Hailing Price Gouging After Nationwide Blackout

Spain's Ministry of Social Rights is investigating potential price hikes by ride-hailing services (VTCs) during Monday's nationwide power outage, after user complaints in eight regions under emergency declarations where surge pricing is illegal; companies face fines up to €100,000.

Spain Investigates Ride-Hailing Price Gouging After Nationwide Blackout

Spain's Ministry of Social Rights is investigating potential price hikes by ride-hailing services (VTCs) during Monday's nationwide power outage, after user complaints in eight regions under emergency declarations where surge pricing is illegal; companies face fines up to €100,000.

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Reduced Inequality

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What are the potential consequences for ride-hailing companies in Spain that increased prices during the recent nationwide power outage, and what legal basis supports these consequences?

Following a widespread power outage in Spain, the Ministry of Social Rights, Consumption, and 2030 Agenda launched an investigation into potential price gouging by ride-hailing services (VTCs). This follows user complaints in regions under emergency declarations, where dynamic pricing is prohibited. Companies like Uber, Bolt, and Cabify face potential fines up to €100,000 or six times the extra profit.

dailymail.co.uk

🌐 75% Global Worthiness

Apr 25, 01:16

Balkan Holidays Closes, Canceling Bookings Amid UK Travel Agency Decline

Balkan Holidays, a UK travel agency operating for almost 60 years, ceased trading on April 24th, 2025, canceling all future bookings; customers must contact the company or their travel agent for refunds, reflecting a wider trend of travel agency closures.

Balkan Holidays Closes, Canceling Bookings Amid UK Travel Agency Decline

Balkan Holidays, a UK travel agency operating for almost 60 years, ceased trading on April 24th, 2025, canceling all future bookings; customers must contact the company or their travel agent for refunds, reflecting a wider trend of travel agency closures.

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No Poverty

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What is the immediate impact of Balkan Holidays' closure on its customers and the broader travel industry?

Balkan Holidays, a British travel company operating for nearly 60 years, ceased trading on April 24th, 2025, canceling all future bookings. Customers with direct bookings will receive full refunds, while those who booked through third parties must contact their travel agent. Refunds will be processed based on departure date.

cnn.com

🌐 85% Global Worthiness

Apr 22, 01:12

FTC Sues Uber Over Deceptive Uber One Subscription Practices

The Federal Trade Commission sued Uber on Monday for allegedly deceptive billing and cancellation practices in its Uber One subscription service, including unauthorized charges and unnecessarily difficult cancellations, violating the FTC Act and the Restore Online Shoppers' Confidence Act.

FTC Sues Uber Over Deceptive Uber One Subscription Practices

The Federal Trade Commission sued Uber on Monday for allegedly deceptive billing and cancellation practices in its Uber One subscription service, including unauthorized charges and unnecessarily difficult cancellations, violating the FTC Act and the Restore Online Shoppers' Confidence Act.

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What are the key allegations against Uber in the FTC lawsuit, and what are the immediate consequences for Uber and consumers?

The FTC sued Uber for allegedly deceptive billing and cancellation practices in its Uber One subscription service, claiming unauthorized charges and difficult cancellations despite "cancel anytime" marketing. Uber denies these claims, citing a rushed investigation and misunderstandings, asserting clear and simple processes. The lawsuit alleges violations of the FTC Act and the Restore Online Shoppers' Confidence Act.

us.cnn.com

🌐 85% Global Worthiness

Apr 19, 01:13

Judge Blocks Trump Administration's CFPB Layoffs

A federal judge halted the Trump administration's planned layoff of nearly 1,500 CFPB employees, pending an April 28th hearing to determine if the firings violated court orders protecting the agency from dismantling; the judge cited concerns that the layoffs interfered with the agency's statutory ob...

Judge Blocks Trump Administration's CFPB Layoffs

A federal judge halted the Trump administration's planned layoff of nearly 1,500 CFPB employees, pending an April 28th hearing to determine if the firings violated court orders protecting the agency from dismantling; the judge cited concerns that the layoffs interfered with the agency's statutory ob...

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Decent Work and Economic Growth

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What immediate impact does the judge's decision have on the planned CFPB layoffs?

A federal judge temporarily blocked the Trump administration's plan to lay off nearly 1,500 employees at the Consumer Financial Protection Bureau (CFPB), citing potential violation of a court order. The judge scheduled an evidentiary hearing for April 28th to investigate the matter, ordering the administration to provide relevant internal documents. Until then, the layoffs are on hold.

pda.kp.ru

🌐 75% Global Worthiness

May 5, 10:12

Bank Letters of Credit: Securing High-Value Transactions

A bank letter of credit safeguards payments for high-value purchases by holding funds in a blocked account until the seller fulfills the agreement and provides proof, mitigating risks in various transactions; Sberbank reports over 1 million issued since 2021.

Bank Letters of Credit: Securing High-Value Transactions

A bank letter of credit safeguards payments for high-value purchases by holding funds in a blocked account until the seller fulfills the agreement and provides proof, mitigating risks in various transactions; Sberbank reports over 1 million issued since 2021.

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What is a bank letter of credit, and how does it protect buyers in high-risk transactions?

A bank letter of credit is a digital "safe" securing payments for high-value purchases until the buyer receives goods or services. The buyer deposits funds into a blocked account; the seller fulfills the agreement and provides proof; the bank then releases funds to the seller. This mitigates risks in transactions like real estate, vehicles, or complex services.

elmundo.es

🌐 75% Global Worthiness

Apr 30, 22:13

Spain Investigates VTC Surge Pricing After Nationwide Power Outage

The Spanish Ministry of Social Rights is investigating potential price gouging by VTC companies during a nationwide power outage on Monday, a practice prohibited by a 2024 consumer protection law; Cabify claims it suspended surge pricing.

Spain Investigates VTC Surge Pricing After Nationwide Power Outage

The Spanish Ministry of Social Rights is investigating potential price gouging by VTC companies during a nationwide power outage on Monday, a practice prohibited by a 2024 consumer protection law; Cabify claims it suspended surge pricing.

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Reduced Inequality

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What are the immediate consequences of the Spanish government's investigation into potential price gouging by VTC companies during the recent power outage?

Following a nationwide power outage in Spain, the Ministry of Social Rights, Consumption, and 2030 Agenda has launched an investigation into potential price gouging by VTC companies (like Uber and Cabify) in regions that declared a state of emergency. This practice is prohibited by a 2024 consumer protection law, forbidding surge pricing during emergencies. The ministry states that violations could result in fines up to \$100,000 or six times the illicit profit.

sueddeutsche.de

🌐 65% Global Worthiness

Apr 28, 04:12

German Bank Deposit Insurance: Up to €440,000 Protection

German law protects bank deposits up to €100,000 per customer per bank, rising to €200,000 for joint accounts; additional voluntary insurance can extend this to approximately €440,000. In case of insolvency, funds are repaid within seven business days.

German Bank Deposit Insurance: Up to €440,000 Protection

German law protects bank deposits up to €100,000 per customer per bank, rising to €200,000 for joint accounts; additional voluntary insurance can extend this to approximately €440,000. In case of insolvency, funds are repaid within seven business days.

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How does the German deposit insurance system function, and what are the roles of different organizations involved?

The German Einlagensicherung (deposit insurance) system protects bank customers from losses in case of bank insolvency. Private banks often have additional voluntary insurance, increasing protection significantly. This system ensures that depositors receive their funds within seven business days of a bank's insolvency.

bbc.com

🌐 85% Global Worthiness

Apr 22, 04:08

FTC Sues Uber Over Deceptive Billing Practices

The US Federal Trade Commission (FTC) filed a lawsuit against Uber on Monday, accusing the company of deceptive billing and cancellation practices related to its Uber One subscription service, alleging unauthorized charges and difficult cancellations; Uber denies the allegations.

FTC Sues Uber Over Deceptive Billing Practices

The US Federal Trade Commission (FTC) filed a lawsuit against Uber on Monday, accusing the company of deceptive billing and cancellation practices related to its Uber One subscription service, alleging unauthorized charges and difficult cancellations; Uber denies the allegations.

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What are the immediate implications of the FTC's lawsuit against Uber for consumers and the ride-sharing industry?

The US Federal Trade Commission (FTC) sued Uber for deceptive billing and cancellation practices, alleging unauthorized charges for its Uber One subscription and difficult cancellation processes. Uber denies these allegations, claiming cancellations are now easy and subscriptions are not imposed without consent. The FTC's lawsuit is the first against a major US tech company since President Trump's second term began.

dw.com

🌐 85% Global Worthiness

Apr 20, 13:14

Tesla Faces Class-Action Lawsuit Over Alleged Odometer Manipulation

A US class-action lawsuit claims Tesla inflates odometer readings, causing premature warranty expirations and high repair bills for over a million vehicles; Tesla denies the allegations.

Tesla Faces Class-Action Lawsuit Over Alleged Odometer Manipulation

A US class-action lawsuit claims Tesla inflates odometer readings, causing premature warranty expirations and high repair bills for over a million vehicles; Tesla denies the allegations.

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Reduced Inequality

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What are the immediate financial and legal consequences for Tesla if the class-action lawsuit alleging odometer manipulation is successful?

A class-action lawsuit against Tesla alleges that the company manipulates vehicle odometer readings to increase repair revenue and reduce warranty obligations. One plaintiff reports a discrepancy of at least 15 miles per reported mile, resulting in premature warranty expiration and significant repair costs. The lawsuit potentially impacts over one million vehicles.

lefigaro.fr

🌐 85% Global Worthiness

Apr 19, 22:09

Tesla Faces Class-Action Lawsuit Over Alleged Odometer Manipulation

A California class-action lawsuit claims Tesla manipulated odometer readings in over one million vehicles to void warranties, causing drivers like Nyree Hinton to pay for expensive repairs, such as a $10,000 suspension fix; Tesla denies the allegations.

Tesla Faces Class-Action Lawsuit Over Alleged Odometer Manipulation

A California class-action lawsuit claims Tesla manipulated odometer readings in over one million vehicles to void warranties, causing drivers like Nyree Hinton to pay for expensive repairs, such as a $10,000 suspension fix; Tesla denies the allegations.

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How does Tesla's alleged use of "predictive algorithms" to calculate mileage impact consumers and the warranty process?

The lawsuit alleges Tesla's odometer system uses "predictive algorithms," "energy consumption measurements," and "driver behavior" instead of mechanical methods, artificially inflating mileage. This manipulation, the suit claims, increases Tesla's repair revenue and reduces warranty obligations, resulting in financial gain at the expense of consumers. Similar reports from other Tesla owners support the claim of unexplained mileage increases.

Showing 73 to 84 of 331 results