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South Korean National Assembly hearing on Coupang data leak: lawmakers question executives as opposition boycotts, documents and breach visuals on display.
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National Assembly holds two-day hearing on Coupang data leak amid escalating probes

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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.

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.

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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.

Inaprubahan ng Kamara ng mga Kinatawan ang House Bill No. 178 noong Disyembre 22, na naglalayong magbigay ng awtomatikong refund sa mga subscriber ng internet at telecom dahil sa mahabang pagkawala ng serbisyo. Ang batas na ito ay sumasaklaw sa parehong postpaid at prepaid na kliyente at hindi nangangailangan ng kahilingan mula sa mga ito. Ito ay tumutugon sa paulit-ulit na problema ng hindi maaasahang internet sa Pilipinas.

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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.

Ang Securities and Exchange Commission (SEC) ay nagmumungkahi na bawasan ang effective interest-rate (EIR) ceiling mula 15% hanggang 10% bawat buwan para sa hindi nakosecurong maliliit na utang, na maaaring mas mataas batay sa konsultasyon. Ito ay naglalayong pigilan ang predatory pricing at hidden fees, ngunit pinupuna ng industriya na maaaring magdulot ito ng pagkontrata sa credit supply. Ang draft circular ay nagpapalawak ng saklaw sa utang hanggang P20,000 at termino hanggang anim na buwan.

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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.

 

 

 

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