The Australian Competition and Consumer Commission filed a lawsuit against Equifax, alleging the credit bureau deceived vulnerable consumers, misrepresented products, and charged for services that should have been free by law, BankInfoSecurity reports. After the 2016 acquisition of credit bureau Veda, Equifax now claims to be the largest source of business data and credit records in Australia and New Zealand. The ACCC’s allegations focus on a period between June 2013 and March 2017. In response, Mike Cutter, Equifax’s group managing director for Asia-Pacific, said, "We acknowledge that the experience was unsatisfactory for some consumers when dealing with Equifax, and we are carefully reviewing our processes and making changes to improve that."
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