Embattled auction house Grays.com – recently ordered to pay a $10m fine for misleading car buyers – has entered administration just days after its reported sale to a rival. Founded in 1922, Grays.com ...

Online auction group Grays has been ordered by the Federal Court to pay $10 million in penalties after admitting to making false or misleading representations in hundreds of car ads for two years.

The commercial online platform had recently been acquired by Slattery Auctions, owned by former Grays owner Quadrant Private equity. The collapse comes just over a year since the Federal Court ruling ...

Online auction business Grays will pay a $10 million fine and compensate hundreds of car buyers it deceived through dishonest advertisements, causing more than $3 million in losses. The Australian ...

The Australian online retail industry has continued to grow, with auctions group GraysOnline snapping up department store Oo.com.au in a move which the company claims makes it the largest eCommerce ...