UP International on LinkedIn: #upinternational #toysupplier #productsupplier #cocreation #trade (2024)

Today, let’s talk about return and refund policies, which can be a little tricky depending on where you are located. In the U.S, there’s no federal law requiring stores to accept returns, so each business sets its own rules. but when those rules aren’t clear, it can lead to legal issues—like in the Hines v. Overstock case, where a vague return policy got overstock sued. The lesson? businesses need to make their return conditions crystal clear.In the European Union, things are different. The consumer rights directive gives people a 14-day window to return online purchases for any reason. If the seller doesn’t inform the buyer of this right, return can be extended up to 12 months! it’s a much stronger system that pushes companies to be transparent and consumer- friendly.In Nigeria, return policies are evolving. The Federal Competition and Consumer Protection Act (FCCPA) of 2019 makes provisions for buyers to return faulty goods, and request for refunds, but outside of that, the rules are still developing. Online retailers, like Konga and Payporte are adopting clearer policies, but enforcement can be inconsistent.For businesses, the key is to be transparent. Make return policies easy to find, offer reasonable time frames, and be clear about which items can’t be returned. This builds trust and helps avoid legal issues.Check Hoj Fashion Law for insightful fashion content.You are the real MVP ♥️#fashion #fashionlaw #law #ecommerce #onlineshopping

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It's certainly been a busy few weeks for the UK vape industry, with landmark new legislation announced. ⚠️Our Managing Director Robert Sidebottom shares his take on what the changes mean for businesses in the sector, in the first of our exclusive video interview series. 🎥We've featured Chinese language captions, for our Chinese-speaking clients and partners. 🇨🇳
Stay tuned for all the important insights! 💡#ASKARCUS #COMPLIANCE #VAPEINDUSTRY #INSIGHT

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Contract is the law for the parties. In the business transactions, it is very important to draft a contract under the law and mutual benefits of the parties.With the team of qualified lawyers, SBLaw always provides you with good contract consultancy service, such as:Check the legal status of the present and future contracts.Appoint the lawyers in negotiation, mediation, dispute settlement of the contract performance.Draft the master agreement, cooperative agreement in the business course.We have the typical transactions as follows:- Assisting LPC Company to negotiate the cooperative contract to distribute Delta Beam with Peikko Group Company of Finland.- Check the legal status of the franchise agreement between Caffé Bene, Korea and Vietnamese partners.- Revise the Franchising Agreement between TWT JSC and Mad Science Group of Canada.- Draft the agency agreement to exclusively distribute wine in Vietnam between Vietnamese Company and Italian Wine Manufacturer.- Draft cooperative agreement between Esco Pte., Ltd and Vietnamese partner.https://lnkd.in/gF2sap_A

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On gaffes in governing law clauses.Spotted on an online retailer's website, in its terms of service¹ (h/t to Theodore Goh for highlighting this):"SECTION 18 - GOVERNING LAWThese Terms of Service and any separate agreements whereby we provide you Services shall be governed by and construed in accordance with the laws of 420 NORTH BRIDGE ROAD, #06-27 SINGAPORE SG S188727."I have so many questions.1️⃣ Is 420 North Bridge Road a micronation?² If so, is it a federation,³ with each unit having the right to make its own laws? Or is it only unit #06-27 that has declared itself to be a micronation, and is surrounded by neighbours who accept the jurisdiction of the Republic of Singapore?2️⃣ What are the laws of 420 North Bridge Road, #06-27 (the "Jurisdiction")? Do they mirror Singapore law? And in the context of the terms of service being those of an online store, do the laws of the Jurisdiction require offer, acceptance, and consideration?⁴ And is Chwee Kin Keong v Digilandmall.com Pte Ltd⁵ good law in the Jurisdiction?3️⃣ Unfortunately, the terms of service do not contain any jurisdiction or arbitration clause.⁶ So would Singapore Courts be the appropriate forum for the resolution of any dispute?⁷ Who are the experts who can give evidence⁸ on the laws of the Jurisdiction?⁹ And would it be necessary to apply for such experts to give video-link evidence?¹⁰--As usual, #footnotes in comments.#disputeresolution #onlineshopping #notlegaladvice

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Are you involved in exporting toys to the #EU? 🚀Yesterday marked a significant development as the European Parliament adopted its position on overhauling EU regulations concerning #toy #safety, aiming to ensure safer toys for #children. 👧🧒Key highlights from the Parliament’s stance include:🔍 Ban on harmful chemicals: Strengthened restrictions on potentially hazardous substances such as endocrine disruptors, #PFASs, and chemicals known to impact children's health.🔒 Enhanced scrutiny: Introduction of digital product #passports for all toys, streamlining market surveillance efforts and bolstering consumer safety measures.🏢 Support for SMEs: Members of the European Parliament (MEPs) are calling on the Commission to provide assistance and guidance to toy manufacturing #SMEs in conducting safety assessments and meeting the requirements for #productpassports.🖥️ Safety, security, and privacy: Ensuring that toys incorporating #digital components adhere to rigorous safety, security, and privacy standards, including compliance with the #AIAct.🛡️ Adherence to General Product Safety regulations: Ensuring toys conform to updated safety standards, especially in the realm of online sales and #consumer rights.This is an ongoing process and represents an initial step.Next steps ➡️: The #Parliament is scheduled to negotiate the final text of the new legislation with the European Commission and Member States following the European Elections in June.Would you like to discuss further or explore how these developments might impact your business operations? Our team in the Trade Mission of #Israel to the EU are closely following regulatory developments in the #EU in the field of#trade. You are welcome to follow us and contact us for more information.

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"This Thursday, the EU institutions may strike a deal on the EU initiative on #repair, which could drive a more circular #EU! EuroCommerce believes that this can only be a success when we make #repair the most attractive option for #consumers and #businesses."Our main recommendations are:1.Ensure legal certainty for businesses by maintaining a link with reparability requirements in EU law2.Access and availability to spare parts needs to be proportionate, sustainable and safe3.We support the European Parliament's proposal for member states’ measures to promote repair4.Do not further fragment the single market and create new barriers to online trade by diverging legal guarantees after repair – harmonise at 6 months5.Consumer should not go directly to the producer for repair but to the seller. Changing this undermines the position of the seller and the existing legal guarantee framework.European Commission, European Parliament, Council of the European Union, René Repasi, @Anna Cavazzini, Arba Kokalari, Catharina Rinzema, @Virgine Joron, @Beata Mazurek, @Anne-Sophie Pelletier, BEUC - The European Consumer Organisation, Patrycja Gautier, @Martins Prieditis, Denisa Alexandroaiei, pérignon isabelle, @Pierre CartuyvelsWhat we said before: https://lnkd.in/eskPSjq3

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In a groundbreaking victory, Chang Tsi & Partners represented Intercontinental Great Brands LLC, a Mondelēz International subsidiary, in a case addressing counterfeit "OREO" biscuits in China. Defendants Xu, Lin, and Hong were found guilty, facing prison sentences and fines. The strategic initiation of Wuxi's first #civil case attached to #criminal case showcased Chang Tsi & Partners' prowess, optimizing protection, minimizing costs, and setting a precedent for intellectual property litigations. This achievement highlights the evolving landscape of #IP enforcement and underscores the need for comprehensive legal strategies. For more details of this case, please visit our website to have a look at the article authored by Michael Fu and Yang Luo.

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Kakao Mobility has been fined 72.4 billion won ($54.93 million) by the Fair Trade Commission (FTC) for abusing its dominant market position. The FTC found that Kakao forced four rival taxi-hailing services, including Uber Taxi and Tada, to share real-time taxi operation data, threatening to block their drivers from receiving calls unless they complied. This action was deemed an illegal use of market power.By the end of 2022, Kakao Mobility commanded a 96 percent market share, classified as monopolistic by the FTC. Chairman Han Ki-jeong underscored the severity of the violation, noting the company's unfair access to competitors' confidential business information for its strategies. The breaches spanned from May 2021 to September 2024, during which Kakao Mobility generated sales of 1.4 trillion won. The imposed fine is 5 percent of the company's sales, making it one of the largest penalties for market dominance violations.Kakao Mobility plans to contest the fine through an administrative court suit, arguing it has not violated any laws. The company asserts its cooperation with rivals aimed to improve user experience and did not exploit the information gathered for its benefit. Despite its defense, Kakao Mobility expressed regret for any concerns raised among customers due to the sanction. This follows a 2022 penalty of 25.7 billion won for manipulating its algorithm to favor franchise taxis.#AsiaRisk #Regulation #SouthKoreaFollow us for daily updates on risk and operations in Asia!https://lnkd.in/g39BWYby

𝐋𝐞𝐠𝐚𝐥 𝐚𝐬𝐩𝐞𝐜𝐭𝐬 𝐫𝐞𝐠𝐚𝐫𝐝𝐢𝐧𝐠 𝐛𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐞𝐬𝐭𝐚𝐛𝐥𝐢𝐬𝐡𝐦𝐞𝐧𝐭𝐬 𝐢𝐧 𝐕𝐢𝐞𝐭𝐧𝐚𝐦 𝐢𝐬𝐬𝐮𝐢𝐧𝐠 𝐩𝐫𝐨𝐦𝐨𝐭𝐢𝐨𝐧𝐬.In Vietnam, promotions are considered an effective sales and marketing tool to attract consumers. However, unlike many other countries, promotions in Vietnam are currently being excessively used, leading to situations of product underpricing for competitive advantage or the use of misleading promotional tactics, causing harm to consumers and the reputation of other businesses in the same industry.Read more: https://lnkd.in/gaUDZVVX#VietnamLawFirm, #LawFirmInVietnam, #DoingBusinessInVietnam, #ASL, #ASLLAW, #HanoiLawFirm, #HoChiMinhLawFirm, #legalaspectsregardingbusinessestablishmentsissuingpromotions.

Japan’s Ministry of Economy, Trade and Industry published Cabinet Decision on the Bill for the Act for Partially Amending the Consumer Product Safety Act and Other Related Acts - Safety of Products for Children, e.g., Toys.The revised Act aims to stipulate provisions in which: the manufacturers and importers of specified products for children (mainly products that are utilized primarily in children's everyday lives and require indication of the intended age range and precautions for use) are required to have the products meet the technical standards stipulated by the Government of Japan and indicate a warning about using the products, including the intended age range and precautions for use.Read additional details here. #weareULSolutions https://bit.ly/4f5Ygz2