Posts tagged as misleading advertising

Lithuanian president proposes tougher penalties for misleading advertising

Tuesday, September 25, 2018

Lithuanian President Dalia Grybauskaite has proposed stepping up measures aimed at protecting consumers from misleading advertising and ensuring fair competition. The president proposed linking the size of fines with a company’s turnover and issue fines of up to 3 percent of a company’s annual revenue but not more than 100,000 euros. Repeated offenses would increase fines to up to 6 percent of the annual turnover but not more than 200,000…