Henry King

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Fair Trading Act Litigation Update

May 29, 2024 | lexology.com | James Craig |Nina Blomfield |Sam Comber |Sarah Lee |Henry King |Claudia Paterson | +1 more

The New Zealand Commerce Commission (NZCC) recently succeeded in legal proceedings against pyramid scheme promotor Shelly Cullen and global company Viagogo AG (Viagogo) for breaches of the Fair Trading Act 1986 (FTA). In this article we discuss the main findings of the two cases and why they are important reminders both to consumers to be wary when investing; and to businesses about their obligations under the FTA.

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