The European Union is assessing whether the existing directive dealing with producer liability for defective products is still fit-for-purpose. The current directive guarantees the liability of the producer in the event of damage caused by malfunctioning products. In addition, it sets common rules for liability and offers consumers an opportunity to claim financial compensation.
The European Commission is considering an amendment to address new technological developments. Moreover, they European Commission will assess whether the existing directive meets the objective of guaranteeing liability at EU level. Last, the European Commission will collect stakeholder views to find out if the directive meets their expectations.
Considering the above, producers and insurers as well as business representatives should join the ongoing discussions.