Submitted by Harriet Rowe on Sunday 28th March 2021
Published on Monday 10th May 2021
Current status: Open
Open until: Wednesday 10th November 2021
Current Signatures: 4,251
(count is updated approximately hourly)
Enforce more regulation and transparency for MLM companies in the U.K.
Multi-Level Marketing companies are significantly unregulated in the UK with many people signing up under false pretences.
- Require all MLMs to release annual income disclosure statements
- Ban mandatory sign up fees
- Require all MLMs to guarantee commission-only distributors a living wage
Multi-Level Marketing companies have operated for decades with little regulation. According to the Federal Trade Commission, over 99% of distributors in MLMs lose money after expenses are included.
According to the DSA, 90% of people in direct sales in the U.K. are women. These companies can get people into huge debt, jeopardise relationships and massively impact the mental health of distributors. They need to be more regulated to protect current and potential future distributors.
If you want to sign this petition (as opposed to merely discuss it), you need to do that on the government's e-Petitions website.
126.96.36.199 Sat, 18 Sep 2021 08:36:31 +0100