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INITIATIVE: OECD's Guidelines for Protecting Consumers from Fraudulent and Deceptive Commercial Practices Across Borders
Description
As described on the OECD website, "OECD governments have agreed on guidelines outlining a framework for international co-operation to protect consumers against the growing problem of cross-border fraud, particularly on the Internet." Why is this initiative significant?
According to the OECD website, "The OECD Guidelines for Protecting Consumers from Fraudulent and Deceptive Commercial Practices Across Borders set forth broad principles for international co-operation and specific provisions covering notification, information sharing, and assistance with investigations. They also cover issues regarding the authority of consumer protection enforcement agencies, invite private-sector co-operation, and set the stage for future work on the issue of consumer redress." |
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