AGP Executive Report
Last update: 3 hours agoRetail Tech: Morrisons is rolling out flashing shelf labels that help shoppers find products through its app, aiming to speed up Christmas trips and improve price accuracy. Online Consumer Rules: The EU’s proposed Digital Fairness Act would target subscription traps, hidden or manipulative sales tactics and opaque dynamic ticket pricing, with fines of up to 6% of global turnover. Payments: Germany’s competition watchdog says PayPal’s ban on merchant surcharges may stifle cheaper payment options and push up prices; the finding is preliminary. Shopping Costs: A new EU parcel duty is shifting Hungarian shoppers away from Asian webshops, with some switching to domestic and other EU retailers. Consumer Goods: German fragrance and ingredients maker Symrise reported 5.3% sales growth in the third quarter, led by strong demand in taste, nutrition and health products. UK-EU Trade: Britain says it will seek agreements on food and farming that cut red tape and costs for businesses and consumers.
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