The Internet provides consumers with a new and powerful tool to compare prices for various products and services. The comparison of these products and services, and their prices, is one of the most dynamic sectors of e-commerce. However, Internet comparators and their development must abide by certain rules of conduct to be truly put to use for their purchasing power.
The French Secretary of State for the prospective evaluation of public policies and development of the digital economy and the Federation of E-commerce and Distance Selling (FEVAD) wish to engage in initiatives to ensure better regulation of the price and product comparison sector. This initiative is based on specific commitments made by those involved in price comparison, to ensure transparency and relevance of the information presented to the consumer.
The consultation resulted in a meeting with the Secretary of State and the President of FEVAD, on 19 May 2008, after which it was agreed that the relevant price comparison websites would, in the coming months, develop a Charter based on a code of ethics.
On 11 June 2008, the Charter was signed by the price comparison websites that founded the Charter, with the support of FEVAD and the Secretary of State.
In accordance with Point 15 of the Charter, a summary of the commitments contained in the Charter shall be drawn up within six months, to assess their function and pertinence, as well as the adjustments that might be required.
Paris, 11 June, 2008.