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When buying online in the UK, purchases are covered by the distance selling regulations, which basically give you 14 days to return or annul an agreement or purchase made online.

If I buy products from a company based in another country am I still covered, or do the regulations in effect in the vendor's country take precedence?

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It's a different and complicated set of laws. In the EU, there is a thing called the EU Distance Selling Directive, which is an effort at creating a minimum set of regulations, which should give you a minimum return period (I don't know how long) for anything bought in the EU.

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