Australia bans subscription traps as part of competition agenda
( July 3, 2026, 03:16 GMT | Official Statement) -- MLex Summary: Australia's parliament has passed legislation banning unfair trading practices, including subscription traps and drip pricing. In a statement Wednesday, the government said the changes form part of its broader competition and consumer agenda, alongside consultations on extending protections to small businesses and franchisees, strengthening unit-pricing rules and restricting non-compete clauses. The government also said additional funding has been provided to the Australian Competition & Consumer Commission to help businesses comply and enforce the new rules that will go into effect after a 12-month transition period.Statement follows....
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