Bogus trial offer scheme lands business $15 million fine
A Canadian Competition Bureau investigation concluded that Revive You Media operated a subscription trap scam. It provided the false impression on its websites that consumers were ordering free trials without any further obligations when in fact consumers were unwittingly signing-up for monthly subscriptions in excess of $100. The company used claims such as “risk-free trial” and “just pay a small shipping fee” to mislead consumers. The real cost and nature of the offers were not disclosed on the company’s websites in a way that was clear and apparent for consumers. Revive You Media (1806369 Alberta Limited) pleaded guilty in the ... [more] Full article
Superior Court Certifies $1.0 Billion Foreign Exchange Price Fixing Class Action
In his decision released earlier this Spring, Ontario Superior Court Justice Paul Perell certified a class action in Mancinelli v. Royal Bank of Canada claiming $1.0 Billion in damages against ... [more] Full article
Facebook pays $9 million fine for allowing sharing of personal data with 3rd party apps
Following a record-breaking $5 billion (US) penalty imposed by the US Federal Trade Commission in July 2019, Facebook agreed to pay a $9 million (Canadian) penalty to settle allegations that ... [more] Full article
Michael Binetti quoted in PaRR competition law newsletter
Michael Binetti, partner at Affleck Greene McMurtry LLP, is quoted PaRR Global’s competition law newsletter to its subscribers: TekSavvy’s release of competition complaint ‘unusual’—lawyers, published on March 23, 2020 (full ... [more] Full article
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