The pertinent question investigated in this article is why the Consumer Protection Act pays special attention to minors. To be sure, not only does section 3(1)(b) of the CPA identify minors as an especially vulnerable group of consumers, but section 39 purports further to regulate the...

The rapid expansion of European contract law in the field of consumer financial services gives rise to the question to what extent it is self-sufficient. A self-sufficient European contract law presupposes the existence of an EU-made and EU-enforced contract-related legal order which is largely...

This paper examines the consequences of imposing binding minimum standards on the market for voluntary private health insurance for the elderly. Theoretically, the effect of these standards on insurance coverage and on welfare is ambiguous. I find robust evidence of a substantial decline in...

The paper presents an overview of the main developments in EU consumer law in 2020. It discusses the challenges for consumer protection related to the outbreak of COVID-19 pandemic, legislative developments in the field of collective redress and digital markets as well as selected judgments of...

The 2020 Federal Deposit Insurance Corporation reopening of deposit insurance to industrial loan companies (“ILCs”) threatens to:¶ create risks to financial stability;¶ distort competition in commercial markets;¶ distort competition in banking markets and promote greater risk-taking;¶...

The Consumer Financial Protection Bureau has been steeped in partisan controversy since its founding in 2011. While generally championed by those on the left, many on the right have been skeptical if not hostile to the Bureau’s mission. The Bureau’s enforcement regime has unsurprisingly...