Consumer Law Flashcards
1
Q
What is ACCC
A
Australia Competition and Consumer Council
2
Q
Which consumer legislation do we follow
A
Consumer Act (2010)
3
Q
What happens if you breach the Consumer Act (2010)
A
1.1 mil fine max for businesses 220k for individuals. bad media coverage means bad reputation too
4
Q
what is the role of the Australian competition and consumer council
A
The Australian competition and consumer commission provides the framework for consumer protection and allows businesses to operate in a fair, competitive environment. Furthermore, they ensure ethical standards and responsible communication is applied.