Airbnb has admitted to misleading its customers
in Australia by not making clear that
prices on its site were listed in US dollars instead of Australian dollars.
This made property seem cheaper than they actually were.
An Australian court has ordered the company to pay a $10
million fine and the company may pay up
to another 10 million to compensate affected customers.
The misleading representations occurred for about
63,000 customers between 2018 and 2021.
Airbnb updated its platform in 2021 to show
us dollar prices clearly marked with the abbreviation
US D