In 2001 the Commission instituted proceedings against Chaste Corporation Pty Ltd (in liquidation) and associated persons, including Mr Constantine Xenoudakis. The proceedings involve, inter alia, alleged resale price maintenance and misleading and deceptive conduct.
As part of the resolution of the proceedings Mr Xenoudakis admitted contraventions of the Act and consented to injunctions and other orders including a pecuniary penalty of $25 000.
Mr Xenoudakis also gave the Commission an undertaking to complete a trade practice compliance training program.
