ACCC poised for $50m blitz on unfair contracts
Michael PellyLegal editor
The Australian Competition and Consumer Commission is planning a crackdown on consumer contracts for everything from airline tickets to houses, with a former insider tipping “prosecutions before Christmas”.
In changes hailed as the biggest shift in consumer law for 20 years, standard-form contracts which include unfair terms can now attract fines of up to $50 million after years of light-touch regulation.
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