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Australian court rules Lyoness customer loyalty program not a pyramid scheme

( October 23, 2015, 06:33 GMT | Official Statement) -- MLex Summary: The Australian Competition and Consumer Commission lost its case against Lyoness Australia, with the Federal Court ruling that the loyalty program operated by the shopping network does not contravene the pyramid and referral selling provisions of the Australian Consumer Law. Lyoness operates a customer loyalty program where members earn various rebates and bonuses from shopping, as well as earn bonuses if they introduce new members who also shop or make down payments on future shopping.  The regulator's full statement follows:...

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