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EC proposes bigger fines, more compensation for consumer rights violations

2018-04-11 15:18:00| Telecompaper Headlines

(Telecompaper) The European Commission has unveiled its promised 'New Deal for Consumers', proposing new measures to increase transparency in online sales, extend consumer protection to 'free' services, allow consumer groups to launch collective lawsuits, and set minimum standards for both individual compensation and trader penalties for violating consumer rights. The proposal follows a review of EU consumer rights regulation last year and was prompted by recent EU-wide breaches such as 'Dieselgate'. It builds on the EC's work to date on extending consumer protections online, under the Digital Single Market project.

Tags: rights consumer compensation bigger

AR and VR consumer content and apps market at $3.2 billion in 2017

2018-04-10 14:40:20| Digital TV News

There was good progress in the combined virtual reality (VR) and augmented reality (AR) market in 2017, as a growing user base invested in more content, apps and out-of-home VR entertainment, according to IHS Markit (Nasdaq: INFO).

Tags: in content market consumer

Global home entertainment consumer spending up 11% in 2017

2018-04-04 19:30:50| Digital TV News

The global entertainment market is expanding on multiple fronts, according to data released by the Motion Picture Association of America (MPAA). Consumer spending for the combined theatrical and home entertainment markets has reached $88.4 billion worldwide.

Tags: home entertainment global consumer

Maintaining consumer trust in the social media age - Comment

2018-04-04 11:43:00| Daily beverage news and comment - from just-drinks.com

Consumers are suffering a "crisis of trust" when it comes to corporate entities, according to recent research. Spirits commentator Richard Woodard looks at how Diageo is faring with consumers, at a time when social media makes it all too easy to offend them.

Tags: media comment social age