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dc.contributor.authorMarkou, Christiana
dc.creatorMarkou, Christiana
dc.date.accessioned2018-10-02T07:47:26Z
dc.date.available2018-10-02T07:47:26Z
dc.date.issued2014-10-01
dc.identifierDOI:10.1016/j.clsr.2014.07.010
dc.identifier.issn02673649
dc.identifier.urihttps://www.sciencedirect.com/science/article/pii/S0267364914001290
dc.identifier.urihttps://repo.euc.ac.cy/handle/123456789/254
dc.description.abstractThis paper examines online penny auctions, which currently attract consumer traffic but pose consumer risks also. It discusses pressing questions such as whether they are scams, entertainment shopping or gambling. It shows that though they cannot readily be considered as scams, they are suspiciously risky for consumers. Moreover, contrary to what penny auctioneers suggest, they do not allow for consumer shopping. They also share several characteristics with gambling and therefore, the possibility of legally classifying them as such is worth exploring. If they are not gambling, consumer protection legislation is fully applicable to them and can satisfactorily protect penny consumers. If penny auctions are legally classified as gambling however, protection will greatly be enhanced; they will (additionally) be subjected to strict and detailed gambling laws at least in the UK, where a mature gambling regulatory regime exists. Certain disadvantages of labeling penny auctions as gambling can relatively easily be remedied through suitably adjusting gambling laws. The paper concludes by suggesting possible approaches of legal regulation of this new online phenomenon.
dc.relation.ispartofComputer Law & Security Review
dc.subjectOnline penny auctions
dc.subjectOnline consumer protection
dc.subjectOnline gambling
dc.subjectE-commerce laws
dc.titleOnline penny auctions and the protection of the consumer under EU law
dc.rights.licenseCopyright © 2014 Christiana Markou. Published by Elsevier Ltd. All rights reserved.
elsevier.identifier.doi10.1016/j.clsr.2014.07.010
elsevier.identifier.eid1-s2.0-S0267364914001290
elsevier.identifier.piiS0267-3649(14)00129-0
elsevier.identifier.scopusid85028098284
elsevier.volume30
elsevier.issue.identifier5
elsevier.coverdate2014-10-01
elsevier.coverdisplaydateOctober 2014
elsevier.startingpage540
elsevier.endingpage559
elsevier.openaccess0
elsevier.openaccessarticlefalse
elsevier.openarchivearticlefalse
elsevier.teaserThis paper examines online penny auctions, which currently attract consumer traffic but pose consumer risks also. It discusses pressing questions such as whether they are scams, entertainment shopping...
elsevier.aggregationtypeJournal


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