Economy & Business

PayPal fined $27.3 mln by Polish watchdog for ambiguous clauses

FALCON POWERS –  Poland’s antitrust and consumer protection watchdog imposed a fine of 106.6 million zlotys ($27.3 million) on PayPal Europe for failing to spell out to consumers in its contractual clauses activities for which they may be fined, UOKiK said on Monday.
UOKiK said that prohibited activities which could incur penalties were described in an unclear way and users may not understand exactly what was not allowed and what action the company could take in such cases.

Related posts

Germany’s economic sentiment takes a dramatic fall as outlook worsens

admin1

Sweden: Despite the Quran burning and the campaign of misinformation, we are surprised to find that trade with the Islamic East has increased.

admin1

Dollar Falls Ahead of Federal Reserve Meeting Statement

admin1

Leave a Comment