At the meeting of the Advertisement Board numbered 341 held on 9 January 2024, an important principle decision was taken regarding discount sale advertisements with the amendment made to the “Guideline on Advertisements Containing Price Information and Discount Sale Advertisements and Commercial Practices” in order to prevent consumer grievances through misleading advertisements and practices that...Read More
European Parliament and the Council of Europe reached a provisional agreement on the Artificial Intelligence Act (Act) that will be the first regulation on artificial intelligence on 09/12/2023. Act aims to ensure that fundamental rights, democracy, the rule of law and environmental sustainability are protected from high risk AI. On the Act, Artificial Intelligence System...Read More
In response to appeals by Union de la Bijouterie Horlogerie and Pellegrin & Fils, France’s competition authority, the Autorité de la concurrence (Autorité), fined Rolex France for prohibiting its retailers from selling Rolex watches online for more than a decade. The selective distribution agreement regulating the dealings between Rolex and its retailers prohibited retailers from...Read More
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