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5 I. Introduction 17 II. Executive Summary / Kurzfassung / 19 Synthèse Des Résultats De L'étude III. European Summary 39
I. Introduction 17 II. Executive Summary / Kurzfassung / 19 Synthèse des résultats de l’étude III. European Summary 39 by Jan Evers, Udo Reifner and Leo Haidar IV. UK Report 80 by Malcolm Lynch and Leo Haidar V. Länderbericht Deutschland 184 von Udo Reifner und Jan Evers VI. Contribution française 328 par Benoît Granger VII. USA Report 397 by Udo Reifner and Jan Evers 5 Contents I. Introduction 17 II. Executive Summary / Kurzfassung / Synthèse des résultats de l’étude 19 1. Executive Summary 19 1.1. Assumptions 19 1.2. Findings 20 1.3. Recommendations 22 1. Kurzfassung 25 1.1. Annahmen 25 1.2. Ergebnisse 26 1.3. Empfehlungen 29 1. Synthèse des résultats de l’étude 32 1.1. Préalables 32 1.2. Résultats de la recherche 33 1.3. Recommandations 36 III. European Summary and Recommendations 39 1. Market forces towards social benefit 39 1.1. Theoretical background to the study 39 1.2. Products, services, channels and demand: trends and conflicts 40 1.3. Scope of the study 40 1.4. Methodology 41 2. Key observations and findings in the country reports 42 6 2.1. Supply of Financial Services 42 2.1.1. Consumer access to a basic banking service 42 2.1.2. Commercial micro-finance 48 2.1.3. Access to home mortgage finance for low and middle income families 54 2.1.4. Access to finance for voluntary organisations 56 2.2. Macroeconomic and legal instruments - existing competencies vis-à-vis insufficient and inappropriate supply 58 2.2.1. Market externals: state regulation 58 2.2.2. -
A Food Affair – a Study on Interventions to Stimulate Positive Consumption Behavior
A Food Affair – A Study on Interventions to Stimulate Positive Consumption Behavior Katrien Cooremans 2018 Advisors: Prof. Dr. Maggie Geuens, Prof. Dr. Mario Pandelaere Dissertation submitted to the Faculty of Economics and Business Administration, Ghent University in fulfilment of the requirements for the degree of Doctor of Business Economics ii DOCTORAL JURY Dean Prof. Dr. Patrick Van Kenhove (Ghent University) Prof. Dr. Maggie Geuens (Ghent University & Vlerick Business School) Prof. Dr. Mario Pandelaere (Virginia Tech & Ghent University) Prof. Dr. Anneleen Van Kerckhove (Ghent University) Prof. Dr. Hendrik Slabbinck (Ghent University) Prof. Dr. Erica van Herpen (Wageningen University) Prof. Dr. Robert Mai (Grenoble Ecole de Management) iii ACKNOWLEDGEMENTS I am truly grateful to my promotor, Maggie Geuens, who took a chance on me and gave me the opportunity to start working at the department of Marketing and to my co-promotor Mario Pandelaere, who took me on in a time of ‘financial’ crisis. I am especially grateful for their belief in me throughout this entire journey. I might not be your average PhD researcher, but they always gave me the space and confidence to follow my interests and pursue my ideas. I am grateful to the members of the exam committee for their insightful comments and for the questions they raised. These will certainly benefit my (hopefully) forthcoming papers and I already believe they brought them to a higher level. I feel very grateful for my colleagues and ex-colleagues for making our department such an amazzzing place to work at. And especially my office mates for always being able to turn my frown upside down. -
Is There a World Beyond Supermarkets? Bought These from My Local Farmers’ My Local Box Market Scheme Delivers This I Grew These Myself!
www.ethicalconsumer.org EC178 May/June 2019 £4.25 Is there a world beyond supermarkets? Bought these from my local farmers’ My local box market scheme delivers this I grew these myself! Special product guide to supermarkets PLUS: Guides to Cat & dog food, Cooking oil, Paint feelgood windows Enjoy the comfort and energy efficiency of triple glazed timber windows and doors ® Options to suit all budgets Friendly personal service and technical support from the low energy and Passivhaus experts www.greenbuildingstore.co.uk t: 01484 461705 g b s windows ad 91x137mm Ethical C dec 2018 FINAL.indd 1 14/12/2018 10:42 CAPITAL AT RISK. INVESTMENTS ARE LONG TERM AND MAY NOT BE READILY REALISABLE. ABUNDANCE IS AUTHORISED AND REGULATED BY THE FINANCIAL CONDUCT AUTHORITY (525432). add to your without arming rainy day fund dictators abundance investment make good money abundanceinvestment.com Editorial ethicalconsumer.org MAY/JUNE 2019 Josie Wexler Editor This is a readers choice issue – we ask readers to do ethical lifestyle training. We encourage organisations and an online survey each Autumn on what they’d like us networks focussed on environmental or social justice to cover. It therefore contains guides to some pretty issues to send a representative. disparate products – supermarkets, cooking oil, pet food and paint. There is also going to be a new guide to rice Our 30th birthday going up on the web later this month. As we mentioned in the last issue, it was Ethical Animal welfare is a big theme in both supermarkets and Consumer’s 30th birthday in March this year. -
Consumer Organizations and Promotion of Sustainable Energy Consumption: Comparative Product Quality Testing and Its Impact
Panel III, 04 – Wahnschafft/Huh Consumer Organizations and Promotion of Sustainable Energy Consumption: Comparative Product Quality Testing and its Impact Ralph WAHNSCHAFFT Energy Resources Section, United Nations Economic and Social Commission for Asia and Pacific (UN-ESCAP), Bangkok, Thailand Kwisun HUH Department of Environmental Science & Engineering, Hanguk University of Foreign Studies, Seoul, Republic of Korea 1 - SYNOPSIS This paper reports selected preliminary results of an ongoing survey on consumer organizations. It analyzes comparative product quality testing and its potential impact on promotion of energy efficiency. 2 - ABSTRACT The paper provides an overview on consumer organizations in OECD and high income developing countries, in particular with regard to their consumer information activities. It focuses on a review of comparative product testing of selected electrical home appliances and on test reports in consumer interest magazines. The paper analyzes the relative weights allocated to the different product quality criteria, including energy efficiency. Based on the above the paper reflects on the role that consumer organizations can play in the promotion of “green consumerism” and sustainable energy consumption, in particular with regard to the residential sector. 3 - INTRODUCTION 3.1. Background and objectives Advancing commercialization of societies has brought with it the formation of a growing number of local and national consumer interest groups. Today, Consumers International, the largest federation of consumer organizations and agencies worldwide, counts 243 member organizations in over 110 countries (1). Individual organizations greatly differ in their membership and organization, their sources of financing and government sponsorship, their work methods, activities and relative political influence. However, enhancement of consumer protection and better consumer information are overall common objectives that unite the “consumer movement”. -
Experts Workshop on Information and Consumer Decision-Making for Sustainable Consumption Programme on Sustainable Consumption
OECD Environment Directorate Programme on Sustainable Consumption Experts Workshop on Information and Consumer Decision-Making For Sustainable Consumption 16-17 January 2001 OECD Headquarters, Paris BACKGROUND PAPER 1 TABLE OF CONTENTS Introduction .................................................................................................................................................3 1. Information Channels ..............................................................................................................................3 1.1 Information in the Market..................................................................................................................4 1.1.1 Environmental Labelling: Eco-labels and Environmental Claims ..............................................4 1.1.2 Corporate Environmental Reports...............................................................................................7 1.1.3 Advertising ..................................................................................................................................7 1.1.4 Retailers: Strategic Information ..................................................................................................9 1.2 The Mass Media...............................................................................................................................10 1.3 Social Organisations ........................................................................................................................12 2. Information and Consumer Decision-Making -
The Proposed European Ban on Children's Television Advertising Janice H
Northwestern Journal of International Law & Business Volume 21 Issue 2 Winter Winter 2001 Barbie Banished from the Small Screen: The Proposed European Ban on Children's Television Advertising Janice H. Kang Follow this and additional works at: http://scholarlycommons.law.northwestern.edu/njilb Part of the Juveniles Commons Recommended Citation Janice H. Kang, Barbie Banished from the Small Screen: The rP oposed European Ban on Children's Television Advertising, 21 Nw. J. Int'l L. & Bus. 543 (2000-2001) This Comment is brought to you for free and open access by Northwestern University School of Law Scholarly Commons. It has been accepted for inclusion in Northwestern Journal of International Law & Business by an authorized administrator of Northwestern University School of Law Scholarly Commons. Barbie Banishedfrom the Small Screen 21:543 (2001) Barbie Banished from the Small Screen: The Proposed European Ban on Children's Television Advertising Janice H. Kang* Advertisers, toymakers, and candy companies are in a cold sweat all over Europe. Sweden took the helm of the European Union ("EU") as President in January 2001, and is expected to press for an EU-wide ban on television advertising to children. Will the ban pass? Should the ban pass? Calls for tighter restrictions on television advertising abound in Europe. Currently, alcohol, drugs, cars, and even fatty foods will soon come under scrutiny to determine whether commercials for such products should be banned.1 Concerns run to fraud and the glamorization of danger- ous activities. But the issue most hotly debated at present is the proposed ban on television advertising aimed at children. -
Internet Nondiscrimination Principles: Commercial Ethics for Carriers and Search Engines
5/4/2008 5:24:10 PM Internet Nondiscrimination Principles: Commercial Ethics for Carriers and Search Engines Frank Pasquale† I. INTRODUCTION Dominant search engines (“DSEs”)1 are becoming a hub of convergence culture.2 They provide an ever-expanding array of services.3 As they amass information about their users, calls for † Professor of Law, Seton Hall Law School; Associate Director of the Gibbons Insti- tute of Law, Science, and Technology, Seton Hall University. I wish to thank the Univer- sity of Chicago Legal Forum for asking me to present this article. Marina Lao, Ellen Goodman, James Grimmelmann, Danielle Citron, and Brett Frischmann offered very insightful comments. 1 We can provisionally define a dominant search engine (DSE) as one with over 30 percent market share. Google clearly satisfies this criterion in the U.S. and much of Eu- rope. See Steve Lohr, As its Stock Tops $600, Google Faces Growing Risks, NY Times C1 (Oct 13, 2007) (remarking that “[i]n September, Google’s share of Web searches in the United States was 67 percent, up from 54 percent a year earlier, reports Compete.com, a Web analytics firm. The Yahoo share was 19 percent, compared with 29 percent a year earlier. And Microsoft had 9 percent, up slightly from a year ago.”). But Google would not qualify as a DSE in South Korea, where Naver dominates. See, for example, Choe Sang- Hun, South Koreans Connect Through Search Engine, NY Times (July 5, 2007), available at <http://www.nytimes.com/2007/07/05/technology/05online.html?ref=technology> (last visited Mar 28, 2008) (noting that “[w]eb users in one of the world’s most-wired countries seldom “Google” anything. -
Challenges to Consumer Policy in the Digital Age
www.oecd.org/sti/consumer CHALLENGES www.oecd.org/going-digital TO CONSUMER http://oe.cd/digital-economy-papers POLICY IN THE @OECDInnovation DIGITAL AGE Background Report G20 International Conference on Consumer Policy TOKUSHIMA, JAPAN 5-6 SEPTEMBER 2019 2 CHALLENGES TO CONSUMER POLICY IN THE DIGITAL AGE This report is issued under the responsibility of the Secretary General of the OECD. The opinions expressed and arguments employed herein do not necessarily reflect the official views of OECD member countries or of the G20. This document, as well as any data and any map included herein, are without prejudice to the status of or sovereignty over any territory, to the delimitation of international frontiers and boundaries and to the name of any territory, city or area. The statistical data for Israel are supplied by and under the responsibility of the relevant Israeli authorities. The use of such data by the OECD is without prejudice to the status of the Golan Heights, East Jerusalem and Israeli settlements in the West Bank under the terms of international law. © OECD, 2019 © OECD 2019 CHALLENGES TO CONSUMER POLICY IN THE DIGITAL AGE 3 Foreword The digital transformation that is underway in our economies and societies has provided consumers with a wealth of commercial opportunities while also bringing a number of new and emerging risks. This report provides an overview of selected key benefits and challenges faced by digital consumers, in support of discussions at the G20 International Conference on Consumer Policy in Tokushima, Japan on 5-6 September 2019. It focuses on six issue areas of particular importance to policy makers: adjusting policy to rapidly changing technologies (Chapter 1) strengthening cross-border co-operation (Chapter 2) enhancing the impact of product recalls in the digital age (Chapter 3) dispute resolution and redress and new technologies (Chapter 4) the role of consumer protection agencies in attaining the Sustainable Development Goals (Chapter 5) protecting vulnerable consumers in the digital age (Chapter 6). -
2010 Annual Report
2010BEUC ANNUAL REPORT BEUC - Annual Report 2010 Major steps taken in financial services in favour of protecting the consumer 2010 was a difficult year for European consumers because of the aftermath of the financial and economic crisis. The origin of this crisis is also – if not mainly – a consequence of the lack of consumer protection measures in financial services and shows that a strong consumer policy is needed not only for individuals, but for the market, the economy and society as a whole. During 2010, this hard lesson has finally begun to bear fruit. It has led to proactive rethinking of the EU approach to consumer protection in financial services. Commissioner Barnier and his services within DG Markt were much more open to BEUC’s contributions on the need to better protect consumers. Major files in the financial sector – such as deposit guarantee schemes and investor compensation schemes, the Single Euro Payments Area (SEPA), home loans (e.g.: responsible lending, credit intermediaries, financial advice), access to basic payment accounts and, to a lesser extent, supervision of financial markets have been managed with due consideration of the specificities of the consumer perspective. Other legislative proposals which should be finalised in 2011 such as investment services also seem to be on the right track. More generally, the need to counterbalance the overwhelming influence of the financial sector in EU decision making has been acknowledged, both by MEPs and the Commissioner, who has initiated a reorganisation of stakeholder participation in expert groups. Also at global level, clear political will has been signalled to address the current blatant lack of efficient consumer protection in the financial services area. -
Consumer Reports the T Success at Consumers Union®: After Five Years “Bible” for Smart Shoppers
EXPERT INDEPENDENT NONPROFIT ANNUAL REPORT FISCAL YEAR 2006 OUR MISSION To work for a fair, just, and safe marketplace 8 for all consumers and to empower consumers to protect themselves ELECTRONICS FRANCHISE CONTENTS >> 3 From the Board Chair 4 From the President 6 Content Franchises 10 12 Action 14 CU Impact by the Numbers 18 Products & Awards HEALTH & FAMILY FRANCHISE 20 Donors & Fundraising 24 Policies & Practices 25 Financials 26 Board of Directors 27 Senior Leadership Team 20 Eleanor and Ray Devereaux, who are receiving a tax advantage and supporting CU with a gift of their home. DONORS & FUNDRAISING FROM THE BOARD CHAIR onsumers Union celebrated its 70th anniversary C in February, and that milestone caused me to reflect on CU and its early roots. Our founders conceived OUR VISION IS A of an organization that would pair a sense of realism about WORLD WHERE: how the marketplace actually is with an idealism about the way the market could—and should—be. Products and One of CU’s founding members was A. Philip Randolph, services are safe, the legendary civil rights and labor leader. Another board reliable, and affordable. member,Betty Furness, served in the Johnson administration as Special Assistant for Consumer Affairs. Today’s board members recognize the need to safeguard and continue the Consumers have the great legacy of our many distinguished predecessors. information and know-how To do justice to this legacy and to ensure that the 18-member to make good choices. board is always governed by leaders with an optimal mix of talents and expertise, we changed our election process in October 2005. -
Incentives, Demographics, and Biases of Ethical Consumption: Observation of Modern Ethical Consumers
Incentives, Demographics, and Biases of Ethical Consumption: Observation of Modern Ethical Consumers Laura Kim University of California, Berkeley B.A. of Economics and Statistics Thesis Advisor J. Bradford DeLong Special Thanks to Professor Demian Pouzo, Professor Kyong Shik Eom Abstract This paper seeks to offer a better understanding of modern consumers’ incentives, intentions and behavior regarding “ethical consumption”. Using likelihood treatment models, we find that both the likelihood and increase in ethical consumption is less contingent on income but rather on the amount of entire purchase of consumers. Increase in year of education has significant positive effect on ethical consumption, particularly to female consumers. Racial and regional characteristics are not significant predictors of ethical consumption. Purchase of ethical products are also influenced by internal motivation of consumers defined as ‘identifying incentive,’ which in turn depends on various factors that influence consumption. This paper argues that because of the heightened importance of the consumers’ decision making, not only should we explore the decision making of the consumers but also enlarge the scope of knowledge of such consumers of their incentives, demographics, and biases regarding altruistic consumption. Engaging with extensive literature on consumer behavior, this paper uses the Nielsen data and datasets from Label Insight to discover pieces of information that helps us identify factors that contribute to someone’s ethical purchase. Keywords: ethical consumption, consumerism, social responsibility, consumer behavior 1. Introduction The standard economic model essentially suggests that consumers will be consistently rational, utility maximizing, and self-interested upon decision making. Rational and self-interested economic agents from our model is expected to make rational choices that give them the most utility per dollar spent by maximizing their consumption bundles with respect to their budget constraints. -
Study on Remuneration Structures of Financial Services Intermediaries and Conflicts of Interest (MARKT/2012/026/H) Final Report
Study on remuneration structures of financial services intermediaries and conflicts of interest (MARKT/2012/026/H) Final Report by Prof. Dr. jur. Udo Reifner, Prof. Dr. Doris Neuberger, Dr. Roger Rissi, Dr. Christine Riefa, Michael Knobloch, Sebastien Clerc-Renaud and Christian Finger Institut für Finanzdienstleistungen e.V.(iff) Rödingsmarkt 31/33 20459 Hamburg Tel.: + 49 40 30 96 91 0 Fax: + 49 40 30 96 91 22 Email: [email protected] Hamburg, 15 October 2013 Study on remuneration (MARKT/2012/026/H) ii Executive Summary The study has been conducted at a time where according to national discussions, despite the lessons from the financial crisis and a dented consumer confidence in the financial sector, unfair practices of the financial industry as well as the sale of inadequate products like payment protection insurance (PPI) have persisted. It especially considers the effects of certain remuneration systems on the willingness and ability of intermediaries to provide the best advice and to sell the most suitable products to consumers in the retail insurance markets. It covers ten EU Member States and examines the legal, economic and sociological information available through official statistics and publicly available materials, together with the results of the consultation of national experts and a variety of stakeholder groups in the member states covered by this study. The research was done in association with the Financial Services User Group of DG Internal Market and it aims to support the work of this Group in making recommendations to the Commission. The study spans a number of areas, including existing remuneration models, the variety of financial and non-financial incentives available to intermediaries, problematic areas such as the mis-selling of insurance products and the professions involved in intermediation.