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Companies face UK regulatory fines for consumer abuses under government plans

By Victoria Ibitoye ( June 17, 2019, 23:01 GMT | Insight) -- Companies in the UK that mislead their customers or charge existing ones more than new ones could be fined directly by regulators under government plans unveiled today. The government will seek views on giving the Competition and Markets Authority new powers to decide on and punish breaches of consumer law without having to go through the courts. Legislation is also under consideration to end mobile-phone sellers' practice of overcharging customers who have ended their minimum contract period.Companies in the UK that mislead their customers or charge existing ones more than new ones could be fined directly by regulators under government plans unveiled today....

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