In 2011 and 2012, Spreets Pty Ltd (Spreets) was one of the larger players in Australia’s discount voucher industry, operating one of Australia’s largest online group buying websites. These websites are often referred to as ‘daily deals’ or ‘deal of the day’ sites.
On 30 June 2014, the ACCC commenced proceedings against Spreets alleging that, during this time, Spreets made false or misleading representations about:
- the price of certain deals;
- consumers’ ability to redeem vouchers; and
- the applicability of consumer guarantees under the ACL to consumers’ refund rights.
The ACCC is seeking declarations and pecuniary penalties. A directions hearing is scheduled for 30 July 2014.