| Issue |
SHS Web Conf.
Volume 192, 2024
2024 3rd International Conference on Urban Planning and Regional Economy (UPRE 2024)
|
|
|---|---|---|
| Article Number | 02014 | |
| Number of page(s) | 5 | |
| Section | Regional Economy and Environmental Impact Analysis | |
| DOI | https://doi.org/10.1051/shsconf/202419202014 | |
| Published online | 05 June 2024 | |
Regional regulations on the fairness of commercial contracts between Australia and the United States, taking the PayPal case as an example
College of law, The Australian National University, Canberra, Australia
* Corresponding author: fayeyuan123@gmail.com
The regulation of contract fairness has been one of the focuses of scholars from various countries in recent years. This may involve the composition of the contract, the legality of the contract and the disadvantageous situation of the weak party in one contract. This essay takes the possible unfair terms in Australia’s PayPal case as an example to discuss the nature of unfair terms, the necessity of ASIC intervention, regulatory measures, and related statutes in Australia. To analyse the regional regulation of this issue, the regulation of unfair terms in the United States is also discussed. By comparing the regulation methods of the two countries and analysing the impact of unfair term regulation on market fairness, some suggestions are given to Australia.
© The Authors, published by EDP Sciences, 2024
This is an Open Access article distributed under the terms of the Creative Commons Attribution License 4.0, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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