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Do other countries have the same kind of consumer protection that the western world has in these cases? Or are these regulations country-by-country?
by sbarre 13y ago
Do other countries have the same kind of consumer protection that the western world has in these cases?
Or are these regulations country-by-country?
- rgbrenner 13y agothe US protections were created by the Fair Credit Billing Act in 1975. http://en.wikipedia.org/wiki/Fair_Credit_Billing_Act http://en.wikipedia.org/wiki/Fair_Credit_Billing_Act It would be interesting to hear what sort of protection Visa/etc offers in other countries.
- cm2012 13y agoNot sure about that, but it seems like people will be protected. "In a statement the Financial Services Commission, Korea's national financial regulator, said: "The credit card firms will cover any financial losses caused to their customers due to the latest accident."