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“The outcome was a marketplace where consumers weren’t just making choices—they were being guided,” he plans to state.
Discussions to draft new legislation will commence in early 2026, with the goal of prohibiting unfair trading practices that harm consumers by manipulating or distorting their decision-making processes.
Moreover, businesses will be mandated to disclose all unavoidable fees early and upfront during a transaction. This transparency will enable consumers to more easily compare offers for purchases like concert or airplane tickets before additional charges, such as booking and baggage fees, inflate the total cost.
“In the food production sector, we’ve heard reports of retailers threatening to remove suppliers from their listings as a form of retaliation when those suppliers seek price increases that they are contractually entitled to,” he will note.
“In food production, we have heard of retailers threatening to de-list suppliers in retaliation for seeking price increases to which they are contractually entitled.”