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The second reading of the Consumer Rights Bill was debated by MPs in the House of Commons yesterday (28 January 2014).
The Secretary of State for Business, Innovation and Skills, Vince Cable opened the debate describing the proposed reforms as ‘pro-consumer’ and ‘pro business’. He said the aim was to simplify and strengthen consumer laws as part of a ‘crusade’ to foster consumer’s trust of British business. Stella Creasy responded for the opposition, welcoming the legislation but arguing it could have gone further eg specifically focussing on the problems of ticket touts and personal debt.
The Bill was passed. The next step is for it to be considered by a Public Bill Committee.
This is good news for consumers. The Bill is designed to be easy for consumers to understand how the law protects them if things go wrong whether they purchase goods, services or even digital content. We wait to see if Vince Cable is right that this is also good news for business.
London’s prized position as one of the ‘big four’ fashion capitals could be threatened by changes to IP protection following Brexit.
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Hot on the heels of yesterday’s news of Amazon’s acquisition of Whole Food, Sainsbury’s look to expand with a proposed acquisition of Nisa.
Well, I think we all knew this was coming. It felt like only a matter of time before Amazon decided to focus its sights on the grocery business.
Alibaba, one of China’s largest technology companies, recently demonstrated VR Pay, a payment service designed to allow virtual reality shoppers to pay for things simply by nodding their head.
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