What is an unfair term? A term may be deemed unfair if: It is contrary to the requirements of good faith - meaning it must be designed, negotiated and entered into with the consumer in a fair and open ...

Fafabet operator Taichi Tech has been fined £170,000 by the UK Gambling Commission for unfair terms and conditions and ...

In a recent development, the federal court of Australia has ruled that the local unit of PayPal Holdings Inc. (NASDAQ:PYPL) had an unfair term in its contracts with small businesses, leading to ...

Australia's federal court said that PayPal (NASDAQ:PYPL) Australia used an unfair term in its standard contracts that led to erroneous fee charging to small businesses, the Australian Securities ...

The Gambling Commission has fined Taichi Tech, the company behind Fafabet, £170,000 after ruling its terms and conditions ...

"We allege this term is unfair because it allows PayPal to escape the consequences of its own errors in overcharging small businesses, and places additional burdens on small businesses to detect ...

The Unfair Terms in Consumer Contracts Regulations 1999 (the "Regulations") were replaced by the Consumer Rights Act on 1 October 2015. For guidance in relation to contracts entered into on or after 1 ...

Britain’s Gambling Commission has issued a £170,000 fine to Taichi Tech-owned operator Fafabet for using unfair terms and ...

In other words, unfair terms may try to diminish or take away consumers’ legal rights. Such terms and practices are prohibited by consumer protection legislation.

Legislation imposing significant penalties on individuals and organisations for using unfair terms in standard-forms contracts has come into effect. David Adams Sep 11, 2023 3 min read.

An investigation found that Taichi Tech’s terms claimed that it had ‘the right at their own discretion to close accounts or ...