BusinessEurope Director General Markus J. Beyrer has expressed strong reservations about the recent political deal on the EU Product Liability Directive. Beyrer stated, "European industry has serious concerns over the revision of the EU Product Liability Directive."
Beyrer further highlighted the concerns of the business community regarding the scope of the revision aimed at addressing new technologies. He mentioned, "The broad scope of this revision aimed at addressing new technologies raises serious concerns among the business community. We recognise the importance of adapting to evolving technological landscapes, but we question the need for an extensive overhaul of a directive that has already been working effectively."
Moreover, Beyrer pointed out that despite industry feedback, some crucial issues were seemingly overlooked by the co-legislators. These issues included the risk of third-party litigation funding, a reversed burden of proof, and the absence of safeguards on evidence disclosures. Beyrer remarked, "Despite industry repeatedly voicing their concerns, the co-legislators appear to have ignored some issues which are fundamental for achieving balanced rules. This includes the heightened risk of third-party litigation funding, a reversed burden of proof, and the lack of safeguards on evidence disclosures."
In light of the economic challenges faced by Europe, Beyrer urged the co-legislators to reconsider the revision. He emphasized, "As Europe grapples with economic headwinds, we urge co-legislators to reconsider this revision."