EU legislation set to hit e-tailers

Online toy retailers in danger of being exposed to fraud by proposed 'harmonisation' bill.
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The Interactive Media in Retail Group (IMRG) has written to protest to the European Parliament ahead of a vote on a new piece of legislation that intends to 'harmonise' cross-border e-taliing and mail order in favour of the consumer.

If passed, the new European legislation will mean that any returned goods must be refunded within 14 days Europe-wide, or within seven days if both retailer and customer are in the same country. The retailer will be responsible for covering shipping costs.

There is also suggestion that the refund might have to be made before the returned goods are received, although this opens up huge possibilities for fraud.

To read the full story on our sister site, MI-Pro, please click here.


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Copyrights Group

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The Copyrights Group is one of the licensing arms within The Vivendi Group. Acquired by Vivendi in 2016 Copyrights manages the licensing for a portfolio of properties to include Paddington Bear. Some of the other companies within the Vivendi Group include Universal Music Group, and their licensing arm Bravado, Gameloft and Studiocanal to name a few.