Given the significance of the influencer market (over €21 billion in 2023), which now encompasses all sectors, and with a view fir transparency and consumer protection, France, with the law of June 9, 2023, proposed the word’s first regulation governing the activities of influencers, with objective of defining and regulating influencer activities on social media platforms.
However, influencers are subject to multiple obligations stemming from various sources, necessitating the utmost vigilance, both in drafting influence agreements (between influencers and agencies or between influencers and advertisers) and in the behavior they must adopt on social media or online platforms. This vigilance is particularly heightened as existing regulations do not cover the core of influencer’s activities, especially their status and remuneration, which remain subject to legal ambiguity, posing risk to advertisers as regulatory authorities’ scrutiny intensifies.
By Altaïr Avocats’ Distribution-Competition team – March 2024: Christophe HERY, Albane Watine and Clara Bergounioux.
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