BGH: "Unilateral" price adjustments (not only) by banks invalid
Many banks have raised their account management fees in recent years. The German Federal Court of Justice has now put a stop to the overly lax use of such clauses in banks' general terms and conditions. Consumers may now be able to reclaim the fees they have paid. However, the ruling also affects all kinds of other contracts.
– by Peter Schaffrath
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