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EU introduces the “Click-to-Cancel” rule

The European “Click to cancel” refers to a new European Union (EU) rule, effective from June 19, 2026, that requires businesses selling goods, services, or digital content online to consumers in the EU to provide a simple, user-friendly “withdrawal function” for contract cancellation. This means consumers must be able to cancel their contracts online with ease, not just through customer service calls or mail. This function could be a prominent button or link that leads to an automated cancellation process, which confirms receipt of the request. 
Key requirements of the new rule
  • Mandatory withdrawal function: Online businesses must provide a dedicated online cancellation mechanism.
  • Simple and accessible: The cancellation function must be easy to find and use, not hidden or complicated.
  • Same medium: Consumers must be able to cancel through the same online interface where they entered the contract.
  • Automated confirmation: Businesses must provide an automated confirmation of receipt for the cancellation request.
  • No mandatory interaction: Consumers cannot be forced to interact with a customer service representative to cancel. 
What this means for consumers
  • You will be able to cancel contracts, such as subscriptions, online with a simple click.
  • The process will be as straightforward as signing up for the contract.
  • You will not have to navigate complex menus or speak to a representative to cancel. 
What this means for businesses
  • You must update your online interfaces to include a clear “cancel” button or link.
  • You must ensure the cancellation process can be completed online, without requiring other communication methods.
  • You should provide an automated confirmation of the cancellation to the customer. 

Consequences of Delaying or Canceling ESG Regulations

Less than a year after their adoption, the implementation of the sustainability reporting policies established at the European and national levels is being put on pause. Delaying or canceling Environmental, Social, and Governance (ESG) regulations can have significant consequences for businesses, society, and the environment. Here are some key potential impacts: Continue reading →

This entry was posted on January 21, 2025, in News.

Ministry of Innovation and Growth announces a call for proposals for the implementation of investments by final recipients BG-RRP-3.004 “Technological modernisation”

The admission procedure for technological modernisation has started

Projects can be submitted until 21 September 2022.

Procedure BG-RRP-3.004 “Technological modernisation” is the first of the National Recovery and Sustainability Plan (NRSP) under which businesses can apply.

Enterprises will receive support for the purchase of new technological equipment with a focus on the digitisation of production processes and achieving the expansion of production capacity and/or diversification of products/services offered.

Projects are open to micro, small and medium-sized enterprises registered no later than 31.12.2019. Applicants for the scheme must have their main activity in one of the following sectors of the economy: manufacturing; architectural and engineering activities; film and television production, sound recording and music publishing; radio and TV activities; information technology activities; information services; R&D. There are also requirements on the total net sales revenue generated by the canidates in the last three financial years.

The total amount of the grant under the scheme is BGN 260 million

Translated with www.DeepL.com/Translator (free version)

This entry was posted on August 2, 2022, in News.