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Many E-Retailers Fined as Czech E-Commerce Rose 20% Prague, capital of the Czech Republic

Many E-Retailers Fined as Czech E-Commerce Rose 20%

2016-01-08 14:09

Online shopping is more popular than ever before in the Czech Republic - yet many e-retailers do not follow laws and consumers are recommended to stay careful when spending money online.

New figures from the Association for Electronic Commerce, APEK, show online shopping in the Czech Republic has become much more popular than previously predicted. This year online sales rose 20 percent compared to last year, and in 2016 the e-commerce of the Czech Republic is predicted to grow by an additional 15 percent, according to Czech magazine Prague Post.

- The year 2015 is evaluated unambiguously as positive. As confirmed by APEK data and Heureka.cz, Czechs spent in domestic online stores more than Kč 81 billion for goods. Compared to the previous year, Czech e-commerce has achieved growth of over 20 percent, said Jan Vetýška, CEO of APEK.

Drones Sold Well

In the newly ended year online sales accounted for 8.1 percent of the country’s total retail sales, which is 1 percentage point above the figure from 2014. During the last quarter of the year only, Czech online shoppers spent Kč 25 billion (almost €1 billion), making the holiday season unusually festive for Czech retailers.

- At Christmas, almost everyone bought a gift at an e-shop. Electronics, cell phones, toys and clothing traditionally fared well. Perhaps the biggest hit, which saw the largest growth in popularity this year, was drones and their variants, said said Jan Vetýška.

Although more people do their shopping online, the Czech Trade Inspection, however still recommends being careful when spending money on unfamiliar web sites.

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Failed to Provide Information

A recent investigation among the county’s e-retailers shows that out of 245 inspected online shops 82 percent had flaws when it came to following legal regulations. Last year Czech authorities made e-retailers pay 186 fines at a total amount of Kč 1 million (€37,000) for not following the rules.

- The inspected e-shops failed to provide consumers with complete and true information about the offered goods, and about business terms and conditions as well as about the right from defective performance. This stems from almost 4,000 submissions from consumers who have turned to us since the beginning of the year, said Mojmír Bezecný, the director general of the Czech Trade Inspection Authority.

Johanna Allhorn

Reporter

Journalist who has previously worked for several big media oulets making both newspapers and television broadcasts. Now contributing to the editorial content on Ecomony.

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