1. Consumer Protection
For the time being, there are no specific consumer protection laws in place for e-commerce. However, some of the existing dispositions apply also to e- commerce. For example, the price announcement decree which states the obligation to indicate the valid price also in advertising, is considered unanimously to be valid also for Internet advertisement.
There are some legislative changes being discussed relating to the information and protection of young consumers. A motion has been made to rely the new consumer protection dispositions on the EU-regulation from December 23, 1998 and August 17, 1999 (COM 1998.586.final and Doc. 98.0325-COD) as well as on the declaration of the conference of ministers of OECD from October 7- 9, 1998 (Doc. SG/EC (98) 14/final), especially to implement a 7-days revocation right. This legislative changes will be published and will be enacted after a hearing which will probably take place this spring. This consumer protection
