The existence of effective competition between companies constitutes one of the principle elements of the market economy. It is tempting to think that the complete absence of regulation regarding competition would be the best solution in order to guarantee a pure system of free competition. However, free competition in its extremity may cause conduct, which paradoxically, has the opposite effect.…
1. Introduction Royal Decree 1/2015 of 27th February 2015 on second chance programmes, the reduction of financial burdens, and other social considerations, is aimed at liberating natural persons from debts that they are unable to settle. In this respect, the amendment, in the insolvency, labour and tax fields, seeks to give a second chance to those individual entrepreneurs or consumers…
I.- THE IMPACT OF THE INTERNET ON DISTRIBUTION. Over the last decade, Internet has brought about substantial changes in consumer habits, and continues to do so, with the creation of new formulas for the sale of products and services. The following data gives us an idea of the dimension of this social and business phenomenon: In 2013, almost 70% of…
One of the questions that the entrepreneur must consider when doing business on the Internet is what may happen if a consumer wishes to make a judicial claim if they are thought to be affected by non-compliance on the part of the entrepreneur. In this respect, the old Regulation 44/2001 of the Council of the European Union established a system…