TAt the beginning of 2020, the amendment to the Act of March 8, 2013 on counteracting excessive delays in commercial transactions entered into force, which, moreover, changed to such an extent that it changed its name (previously it was the act on payment deadlines in commercial transactions). The act is radical in imposing payment deadlines, which especially concerns the terms used by large entities that are debtors to creditors who are small and medium-sized entities.his is English text even if only short.
In the case of such an act, you never know how much trouble it will cause for entrepreneurs, the more so that the main change concerns the addition to the act of imperative and strict powers of the Office of Competition and Consumer Protection. The effects of the law would by their nature be postponed, but also in this case the plague or pandemic made the question of the effects of the law all the more obscure.
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