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ACCC fines Spreets $600K

INTERNET-BASED group buying aggregator Spreets has copped a $600,000 fine from the Australian Competition & Consumer Comm for misleading customers. Spreets directs traffic to group buying portals that offer a suite of products and activities including hotel and holiday packages, at heavily discounted prices when sold in bulk. Those companies include Groupon, Scoopon, Living Social, Our Deal and Luxury Escapes. On Fri, the ACCC ordered Spreets to cough up penalties to the tune of $600,000 “for making false or misleading representations” of the ...

The above snippet is the first part of an article sent to subscribers in Travel Daily's issue from 27 Apr 15

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