The plaintiff first stated that it has jurisdiction on the case, hence denied the competence of the Italian Communication Authority because the case did not concern the sector of telecommunications. It also revoked the competence of the Bank of Italy because the financial regulations which are applied by this institute, do not implement the provisions of the UCP directive.
Next, the plaintiff held that omitting to inform the consumers, in the advertising campaign, about the conditions subject to which the 4% interest rate was granted and referring for this information to its website and to other documents, constituted a misleading commercial practice that was likely to deceive the consumers.
The plaintiff further held that the conditions that had to be met to obtain the 4% interest rate were quite difficult to be understood by the average consumer. Therefore, the trader did not comply with the requirements of professional diligence because it did not allow the consumers to monitor the fulfilment of the conditions.