Business
Big win for buy now, pay later in competition tribunal – The Australian Financial Review
The Australian Competition Tribunal found the ACCC failed to show that using buy now, pay later products to buy solar panels would result in any consumer harm.
“The evidence does not establish that the provision of such finance in connection with the supply of new energy technology products generates material consumer harm.
“The tribunal considers that most of the proposed restrictions on the supply of ‘buy now, pay later’ finance in the proposed code will generate substantial public detriments by reducing the availability of such finance to consumers, thereby reducing consumer access to…
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