This paper reviews the origin of EU consumer protection paradigm, its development in legal doctrine and CJEU jurisprudence, as well impact left on it by insights from vulnerable theory behavioural economics discussed doctrine. The authors search for an answer whether certain social economic challenges can be addressed within current framework Consumer law (i.e., Unfair Contract Terms Directive).

Data-driven technologies provide businesses with ever stronger abilities to engage in behavioural manipulation, steer consumer preferences, and exploit individual vulnerabilities. The article argues that competition law needs give more prominence sovereignty consumers’ freedom of choice response the rise personalized forms exploitation by dominant firms, whose harm goes beyond scope remedies of...

Commercialization of consumers’ personal data in the digital economy poses serious, both conceptual and practical, challenges to traditional approach European Union (EU) Consumer Law. This article argues that mass-spread, automated, algorithmic decision-making casts doubt on foundational paradigm EU consumer law: consent autonomy. Moreover, it threats discrimination undermining privacy. It is a...

Abstract I study optimal interest rate policy in a small open economy with consumer search in the product market. When there are search frictions, firms price-to-market, with implications for the design of monetary policy. Country-specific shocks generate deviations from the law of one price for traded goods which monetary policy acts to stabilize by influencing firm markups. However, stabilizi...

It is increasingly evident that the competition and consumer protection missions of the Federal Trade Commission are more closely related than people have been accustomed to think. In the early years of the Commission’s existence, the link between deception of consumers and adverse competitive effects was taken for granted, although it was not clear which was the primary and which was the secon...