Three units of Vocus have entered agreements with the ACCC to refund customers for promising NBN speeds they couldn’t deliver.
Zoetis is facing a class action from horse owners who say the pharmaceutical company made misleading claims about its Hendra virus drug.
The head of Australia’s consumer regulator says the agency will look at whether Facebook is misleading users about how it collects and uses their data, in light of revelations that millions of Facebook users unknowingly had their data harvested by political research firm Cambridge Analytica.
Life insurer TAL Direct Pty Ltd has agreed to refund 1,200 funeral insurance customers after telling ASIC it violated the terms of their policies by failing to turn off cost of living increases.
The ACCC has accused an Aboriginal art and souvenir supplier of sourcing its products from Indonesia but falsely claiming they were made or hand painted in Australia by Indigenous people.
The Australian Competition and Consumer Commission will not oppose agricultural giant Bayer AG’s proposed $US66 billion acquisition of rival Monsanto Corporation, after Bayer agreed to divestitures to win approval from the European Commission.
Shuttered online business directory ABG Pages has been slapped with a $300,000 fine after admitting to systemic unconscionable conduct that included refusing to cancel customer contracts and pretending that big businesses advertised on their service.
Viagogo could calculate from the start of the booking process how much it would charge in booking and handling fees for event tickets, but kept customers in the dark, the ACCC said in a recent court document, rebutting the online ticket reseller’s defense in the consumer regulator’s case.
Internet providers iiNet Limited and Internode Pty Ltd have agreed to compensate customers for promising NBN speeds that they couldn’t deliver, the fifth undertaking the Australian Competition and Consumer Commission has won from companies for making misleading NBN claims.
Australia’s securities regulator will soon have a new mandate – overseeing competition in the financial sector.