Consumer Protection

South Korean National Assembly hearing on Coupang data leak: lawmakers question executives as opposition boycotts, documents and breach visuals on display.

National Assembly holds two-day hearing on Coupang data leak amid escalating probes

December 30, 2025 Reported by AI Image generated by AI

South Korea's National Assembly launched a two-day hearing on Tuesday, December 30, to investigate Coupang's massive data breach affecting 33.7 million customers, following the presidential office's emergency meeting last week. Disputes persist between the government and company over the breach's scope, with the main opposition party boycotting the proceedings.

EU court advocate bolsters Tipico customers' rights

Nicholas Emiliou, advocate general at the European Court of Justice, sided with Tipico customers in his opinion, emphasizing the need for national licenses and potential refunds of stakes. Thousands of bettors hope for billions in reimbursements.

Bamberg court dismisses consumer group's suit against Netto app discounts

March 18, 2026 Reported by AI

Bamberg Higher Regional Court has dismissed the lawsuit by the Federation of German Consumer Organisations against Netto Marken-Discount's extra app discounts. The court found no discrimination against the elderly or children. No revision was permitted.

Europe

High-altitude restaurant fined 8000 euros for refusing free water

Asia

KT waives contract cancellation fees after data breach

Asia

BPJPH states mandatory halal 2026 strengthens halal economy competitiveness

House passes bill for automatic refunds on internet outages

The House of Representatives passed House Bill No. 178 on December 22, aiming to provide automatic refunds to internet and telecom subscribers for prolonged service outages. The measure covers both postpaid and prepaid customers without requiring them to file requests. It addresses the recurring issue of unreliable internet in the Philippines.

Supreme Court of Appeal holds banks liable for defective financed vehicles

December 19, 2025 Reported by AI

The Supreme Court of Appeal has ruled that banks financing second-hand vehicles in South Africa must bear liability for defects, marking a significant shift in consumer protection. In a case involving a pensioner who bought a faulty Ford Ranger, the court ordered WesBank to repay over R170,000. This judgment emphasizes banks' dual role as credit providers and suppliers.

SEC proposes cutting EIR cap to 10% for unsecured small loans

The Securities and Exchange Commission (SEC) proposes slashing the effective interest-rate (EIR) ceiling from 15% to 10% per month for unsecured small loans, potentially higher after consultations. Aimed at curbing predatory pricing and hidden fees, the move draws industry criticism for possibly contracting credit supply. The draft circular expands coverage to loans up to P20,000 and terms up to six months.

EU reaches deal to bolster package travel rights

December 02, 2025 Reported by AI

Representatives from EU member states and the European Parliament reached an agreement in Brussels to enhance travelers' rights for package tours. Affected individuals can cancel trips under specific conditions without fees and receive faster refunds. The rules still require formal approval.

February 16, 2026 14:10