CONSUMER LAW – pecuniary penalties – assessment of appropriate penalties to be applied following liability judgment in Australian Competition and Consumer Commission v Phoenix Institute of Australia Pty Ltd (Subject to Deed of Company Arrangement) [2021] FCA 956 – consideration of principles which govern pecuniary penalties – where contraventions were grossly exploitative, dishonest, and lacking any respect for the dignity and autonomy of the vulnerable consumers who were targeted – total penalties imposed exceed $400 million
Original article available at: https://www.judgments.fedcourt.gov.au/judgments/Judgments/fca/single/2023/2023fca0859
For more information, see the original judgement.
