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

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

The unfair contract term is declared void, which may have flow-on consequences of a party’s ability to exercise rights specified in a contract, as well as damages.

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

"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 court declared the unfair term void from the start of the contracts and also ordered PayPal to pay ASIC's litigation costs. The stock traded marginally lower 0.23% to $59.64 on Friday during ...

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.

The court found the term was unfair because customers who did not bring the overcharging errors to PayPal's notice within 60 days were forced to accept the fees as accurate, the Australian ...