Between the effectiveness of administration and legal certainty of traders – comments to the Law of 5 August 2015 Amending the Polish Act on Competition and Consumer Protection and other Laws Cover Image

Między efektywnością administracji a pewnością sytuacji prawnej przedsiębiorców (uwagi do ustawy z dnia 5 sierpnia 2015 r. o zmianie ustawy o ochronie konkurencji i konsumentów oraz ustawy – Kodeks postępowania cywilnego)
Between the effectiveness of administration and legal certainty of traders – comments to the Law of 5 August 2015 Amending the Polish Act on Competition and Consumer Protection and other Laws

Author(s): Cezary Banasiński, Monika Bychowska
Subject(s): Business Economy / Management, Commercial Law
Published by: Wydawnictwo Naukowe Wydziału Zarządzania Uniwersytetu Warszawskiego
Keywords: Consumers; protection; financial services; secret client; abusive clauses

Summary/Abstract: This paper evaluates recent changes made to the Act on Competition and Consumer Protection of 2007. The new amendment concerns, in particular, the scope and method of protecting weaker market participants (consumer) before their contracts concluded with business, and containing abusive clauses, actually become binding. The amendment has reoriented the current system in matters concerning abusive clauses as well as introduced a new practice infringing consumer interests in financial markets. The new rules give the UOKiK President a high level of discretion regarding his decisions; it remains to be seen in practice, whether the use of the new solutions will in fact increase consumer protection levels in Poland.

  • Issue Year: 4/2015
  • Issue No: 5
  • Page Range: 59-73
  • Page Count: 15
  • Language: Polish