Product safety: marketplaces challenged by new EU regulations
Coming into force on December 13, 2024, the General Product Safety Regulation marks a major turning point for consumer protection and liability of marketplaces.
Elsa Rodrigues, partner and Carla Moussay, associate, bring to LSA their analysis of the legal stakes involved in this new regulation, which follows on from the Digital Services Act.
They decrypt:
- The main duties of providers of online marketplaces internal processes, such as the introduction of internal processes, the obligation to provide information on product safety and traceability, etc.
- The increased cooperation required between providers of online marketplaces, authorities, economic operators and traders.
- The new deterrent penalties: a €600,000 fine of up to 10% of annual sales, plus a 5-year prison sentence.
Read their full article here
