For consumers and businesses – recent amendment of Polish competition law enters into force today

Recent amendment of the Polish Act on Competition and Consumer Protection and certain other acts (text: ISAP) enters into force today.

This amendment is principally aimed at enhancing protection of the collective interests of consumers, in particular on the financial services market, and changing the system existing to date of monitoring standard clauses in consumer agreements by making this a power of the President of the Office of Competition and Consumer Protection.

The new legislation will mean that there will be a whole range of new legal instruments that can be applied with respect to business undertakings, most of which will become new powers of the President of the Office of Competition and Consumer Protection.

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