Legislative Bill · Fjordheim
Passed

Consumer Deregulation And Market Act of 2024

Proposed by Libertarian Alliance · fronted by Silje Sørensen
Passing
in the Nordting
Opened
11 Jul 2024
Voting closes
9 Sep 2024
Chambers
1 legislature
Articles
3 changes

Rationale

Fjordeim’s economy has stagnated for months and unemployment remains stuck. This Act cuts unnecessary consumer-market regulation, lowers costs for businesses and encourages competition, hiring and investment, while keeping essential protections against fraud and unsafe products.

Proposed Changes

1

Consumer Protection
Previous law
Multi-year warranties, no-quibble refunds for faulty goods, enforced safety standards
Short statutory warranty only; disputes left to the courts

2

Banking & Financial Regulation
Previous law
Light-touch regulation
Deregulated financial centre

3

Online Retail & Marketplaces
Previous law
Marketplaces liable for illegal or unsafe third-party goods; standard returns rights
Limited platform liability; minimal checks on small cross-border parcels

Timeline

  • Draft
    11 July 2024


  • Vote Open
    11 July 2024


  • Vote Closed
    9 September 2024


  • Became Law
    9 September 2024

Vote tally

Live tally across each chamber. Weighted by seats held.

Nordting

Passed
19Yes 16No 0Not voted 35 seats

For: 19 / 35 seats (54.3%)

Against: 16 · Abstained: 0 · Not voted: 0

50.1% of those voting must vote in favour (actual = 54.3%)
Party Seats Vote
A Better Fjordheim 11 No
ASTER 0 No
Democratic Liberal Platform 5 No
Libertarian Alliance Proposer 19 Yes

Voting record

Every vote must state a public reason. Most recent first.

“ABF supports cutting unnecessary regulation and strengthening competition, but this proposal goes too far by removing basic consumer and financial safeguards. We support market reform, not shifting unreasonable risks onto consumers.”

ASTER
Voted July 15, 2024
No

“ASTER votes no. Stagnation is real, but this bill fixes it by shifting risk onto the people least able to carry it. Cutting consumer guarantees to a short-term claim means the average person can no longer afford to enforce their own rights, only a lawyer can. A fully deregulated financial center removes safeguards built after past crises, for everyone, not just for businesses. And letting marketplaces disclaim responsibility for unsafe or illegal third-party goods puts the burden of catching a dangerous product on the buyer who ordered it in good faith. We agree with DLP: the direction toward growth is fine, this specific bill is not. We would support a narrower version that cuts real red tape without cutting the protections underneath it.”

No

“This proposal takes things a bit too far and removes basic protections for consumers. We do agree with the direction of the bill, but we do not agree with the bill as it is.”

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