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Two Australian companies face penalties for breaching franchising code

( June 26, 2025, 03:05 GMT | Official Statement) -- MLex Summary: Second-hand goods retailer Cash Converters and travel agency Mobile Travel Agents have each paid a A$16,500 ($10,768) fine for breaching the Australian Franchising Code, the competition watchdog said. In a statement today, the Australian Competition & Consumer Commission said that both companies failed to annually update or confirm franchisor information on the “Franchise Disclosure Register as required by the Franchising Code of Conduct.” The regulator said that the Franchising Code of Conduct applies to franchising in Australia to help address the issues caused by the power imbalance in the franchise relationship.The full statement by the Australian Competition & Consumer Commission follows:...

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