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ARTICLE · 08 AUGUST 2016

Competition and Consumer Law - What's News - 3 August 2016

Holding Redlich
Holding Redlich
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Holding Redlich

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This newsletter includes links to recent media releases, reports and cases relating to competition and consumer law.

AustraliaAntitrust/Competition Law
Howard Rapke
Howard Rapke
Ian Robertson
Ian Robertson
Paul Venus
Paul Venus
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In the media – National

Ozsale pays $10,800 penalty for alleged consumer guarantee misrepresentation
The ACCC issued the infringement notice because it had reasonable grounds to believe that Ozsale had made a false or misleading representation about consumers' rights to remedies for faulty goods by including the following clause in its terms & conditions relating to faulty products (28 July 2016). More...

Paciocco v ANZ Banking Group Ltd: Banking: Late Payment Fees
The High Court of Australia, in a majority decision has dismissed two appeals from the Full Court of the Federal Court of Australia. As a result the High Court held that in the first appeal:

  • late payment fees charged by the respondent (the ANZ Bank) on its consumer credit card accounts were not unenforceable as penalties; and in the second appeal has held that:

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