Geo-blocking has entered into force! What shall we pay attention to?
On 3 December the EU’s Geo-blocking Regulation entered into force: it addresses unjustified online sales discrimination based on customers’ nationality, place of residence or place of establishment within the internal market. Sándor Nagy, the president of Ecommerce Hungary told: from now on a website mustn’t deny bank card payment by foreign customers.
For example it still isn’t forbidden for an online shop to sell a product for EUR 70 on its Italian page and on the Austrian website of the same shop for EUR 95, but Austrian citizens must get access to buy on the Italian page. //
Related news
Agricultural subsidies: MBH Bank provides pre-financing for up to several years
MBH Bank further expanded the possibilities of pre-financing agricultural subsidies.…
Read more >An immediate revision of EU regulations on imported products is necessary
While the European Commission requires its own producers to comply…
Read more >10 percent more sunflower crops are expected in the EU this year
Oil World expects a worldwide sunflower seed harvest of 57.9…
Read more >Related news
Hungary has plenty of work to do in the regional “long-distance running”
Based on the ten- and twenty-year trends – one of…
Read more >Consumers hate “dynamic pricing”.
In the past period, customers had to familiarize themselves with…
Read more >NGM State Secretary: the ESG Act strengthens the competitiveness of Hungarian businesses
The aim of the law defining the framework for responsible…
Read more >