LEGAL+ NEWSROOM Commercial law

“Handelsblatt” report from March 15/16/17, 2019 confirms the questionable nature of the action taken by the Association of Social Competition (VSW) against influencers

"Handelsblatt" report from March 15/16/17, 2019 confirms the questionable nature of the action taken by the Association of Social Competition (VSW) against influencers.

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In my blog post "Can so-called warning associations do anything? - On the liability for damages of warning associations such as the Association of Social Competition (VSW)" I had already reported from practical experience on the fact that so-called warning associations - covered by the courts - are still acting to the detriment of market participants.

With its recent action against influencers, the Association of Social Competition (VSW) has attracted a lot of media attention and thus - unintentionally - finally brought movement to the question of what warning associations may and may not do. The "Handelsblatt" has now - also with my support - in its latest weekend edition of March 15/16/17, 2019 provided valuable clarification regarding the questionable actions of the VSW.

The legal consequence of the actions of VSW and, of course, of any other warning association can be, as I have explained in my article mentioned above above, may include an obligation to pay damages to injured market participants.

Do you have any questions?

Lawyer Daniel Meier-Greve
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LEGAL+ advises, enforces and defends legal positions in commercial relationships. Particular areas of focus are mechanical and plant engineering and international disputes.

ABOUT THE AUTHOR

Lawyer Daniel Meier-Greve has practised law for more than 20 years and spent many years with international commercial law firms. His work is defined by personal responsibility for each matter, clear strategic leadership and a commitment to taking ownership of legal disputes rather than merely accompanying them.

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