Abstract

Also within consumer policy soft law methods are now being discussed. Soft law rules are characterized above all (a) by being designed to function in the same way as legal norms, (b) by being developed either on the basis of a statutory mandate or by the participation of a supervisory authority in one way or another, and (c) by the fact that the parties on the market who are affected by the rules — business and consumers — participate in the formulation and/or the surveillance of the rules.

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