So called semisymmetric quasigroups are solutions to this equation. Actually, they are defined by the axiom identical to the equation.
A quasigroup is a groupoid (S;.) such that for all a,b,c in S there are unique x,y in S, such that x.b = c and a.y = c are true. Because of both existence and uniqueness of x and y , we can define inverse operations of .:
x = c/b (right division) and y = a\c (left division).
One may define duals of these operations:
b*a = a.b , c\\a = a\c , b//c = c/b
to get six parastrophes (there are other names) of the quasigroup .
The above equation characterizes quasigroups (S;f) which are equal to duals of their
left (but also right) division operations.
It is a folclore in quasigroup theory. If you are interested I can give you the proof.