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Noticias

Colombia - SIC imposes a fine on BANCUPO for usury and insufficient information on loans offered to consumers
04/08/2023

After conducting the corresponding administrative sanctioning investigation, the Superintendence of Industry and Commerce (SIC) of Colombia imposed a fine of COP $232,…

Israel - Booking.com website will display a total and final price, including VAT, for Israeli consumers who purchase accommodation services in Israel
03/08/2023

Following a legal proceeding conducted by the Israel Consumer Protection and Fair Trade Authority, Booking.com website will display a total and final price, including VAT, for Israeli consumers who purchase accommodation services in…

Australia - Record penalties of AU$438m ordered against Phoenix Institute and CTI for acting unconscionably and misleading students
29/07/2023

The Federal Court of Australia has today imposed record penalties of AU$438m against former vocational college Phoenix Institute of Australia Pty Ltd (Phoenix) and its marketing arm Community Training…

Australia - AU$20m penalty for Meta companies for conduct liable to mislead consumers about use of their data
26/07/2023

The Federal Court of Australia has ordered two subsidiaries of social media giant Meta, Facebook Israel and Onavo Inc, to each pay AU$10 million for engaging in conduct liable to mislead in breach of the…

Colombia - SIC of Colombia opens an investigation into four well-known influencers on social media for alleged misleading advertising
26/07/2023

As consumer protection authority in Colombia the Superintendence of Industry and Commerce (SIC) opened an investigation for alleged misleading advertising against the…

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