CTIA imposed fines exceeding 11 million for presentation events

(Prague, December 12, 2016) During the past two years, the Act on Consumer Protection changed to the benefit of seniors who frequently visit presentation sales events. The amendments made the law stricter and imposed vendors’ obligation to announce organization of such events and prohibited acceptance of any amounts on the spot. Despite the Czech Trade Inspection Authority sees positive impacts of the amendments, inspection results of the third quarter of 2016 proved that in the market some companies still build their business strategy on deceiving law and violating laws. Breaches of legal regulations were discovered in more than 65% of cases. 51 fines amounting to more than CZK 11 million came into force (note that these sanctions related to inspections carried out in the period from 2014 to 2016). The highest fine amounting to CZK 2.5 million was imposed to the company IQ TELESHOPPING s.r.o. that breached the Act on Consumer Protection for having used unfair commercial practices, didn’t properly inform consumers about the claims conditions and didn’t announce or didn’t submit within the time limit the required announcement concerning organization of such events, or their announcements didn’t contain legal requirements, such as place and time of the events.

The complete press release is available in the attachment.

Celá zpráva zde:

2016-12-12-3q-presentation-sales-events.doc (, 55.50 KB)

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