The conference focuses on different legal systems and their approaches regarding the enforcement of consumer and capital market law. Hereby, a specific example shall be examined: How do the various regimes cope with the diesel emission scandal. The diesel scandal entails implications for the deceived consumer, who purchased a faulty product as well as the deceived investor, who was not informed about the scandal on time. Based on decided and pending cases the speakers demonstrate how authorities, but also private claimants, can take fast and effective steps against the violation of consumer and capital investors‘ rights. Therefore, the conference’s focus shall include specific mechanisms for legal enforcement like public authorities‘ respective powers on the one hand as well as class actions, group actions, model declaratory actions, claim bundling and other collective actions on the other hand. Concurrently, various legal aspects of the pertinent procedures such as disclosure rights, the effect of assumption, the question of damages and the estimation of the damages as well as the limitation period and the binding effect of decisions will be analysed.
Ultimately, the conference aims at identifying and specifying solution models, which have not proven themselves to be successful and should be rejected, as well as a “best practice”, which should be adopted in a legislative proposal at the European level; taking into account the current EU directive proposals (COM (2018) 184 final on representative actions for the protection of the collective interests of consumers and COM (2018) 185 final as regards to better enforcement and modernisation of EU consumer rules).
By combining international and intradisciplinary research and focussing on the universally similar diesel scandal cases, the conference will offer new insights into how consumer and capital market law can be effectively enforced.
Information on participating / attending:
05/23/2019 11:15 - 05/24/2019 16:00
Journalists, Scientists and scholars
Economics / business administration, Law
Types of events:
Conference / symposium / (annual) conference
Klaus P. Prem
Presse - Öffentlichkeitsarbeit - Information
Event is free:
Language of the text:
URL of this event: http://idw-online.de/en/event63209
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