Competition and Consumer Protection Law
Discussion of Competition and Consumer Protection Law issues
Wednesday, 28 November 2018
Massive fines for property spruiker Rick Otton
Property spruiker Rick Otton and We Buy Houses fined record $18 million
While I haven't read the judgment yet, $18 million sounds like a mighty high penalty under the ACL, particularly the $6 million against Rick Otton personally. It will be interesting to see how Judge Gleeson arrived at that number.
https://www.accc.gov.au/media-release/property-spruiker-rick-otton-and-we-buy-houses-fined-record-18-million
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