Parliament adopts Consumer Protection Law

The Parliament has approved with 79 votes the bill on Consumer Protection in the third reading.

“This is an essential component of the obligations under the Georgia-EU Association Agreement. It is important in the process of harmonization of our legislation with the EU legal framework,” said Nino Iobashvili, Deputy Chair of the Committee on European Integration.

The law establishes the main principles of consumer protection, the extent of regulation, and all applicable terms, as well as the consumer’s and trader’s basic rights and obligations. The law establishes rules for prohibiting unfair commercial practices that violate the values of trust and good faith. The document also enshrines the institutional safeguards for the protection of consumer rights.