Does the EU directive on unfair trading practices bring any substantive changes for domestic traders?
Agricultural and food suppliers would be protected from unfair trading practices by a European Union directive applicable from 1 November 2021 at the latest. Among others, excessive payment deadlines, last-minute cancellation orders, unilateral contract modifications, obligation of non-sale payments, and threats of commercial retaliation have all been blacklisted. While current Hungarian regulations are similarly strict, preparations must be made for notable differences as well, according to Dr. Péter Sükösd, head of DLA Piper Hungary’s competition … Does the EU directive on unfair trading practices bring any substantive changes for domestic traders? Read More »