New Product Liability Directive

 
On 14 December 2023, Parliament and Council informally agreed on easier access to compensation for individuals suffering damage because of a defective product. IMCO and JURI Members will vote on the agreement on 22 February 2024 before the text is submitted for formal endorsement by the whole Parliament.

IMCO co-rapporteur Vlad-Marius Botoş (Renew) stated: "The revision of the product liability directive was long awaited. We needed this revision to adapt the liability regime to the new legislation, and to new and innovative products. We must be clear and decide how to cover these new products so that all European citizens have the same rights to be compensated when damage occurs, but it has to be done carefully, to ensure a balance and encourage innovation and the development of new products."

The legislation will enter into force once formally approved by the plenary and Council. The new rules will apply to products placed on the market 24 months after entry into force of this directive.