Tag: accc
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ACCC reports 30% rise in cyber crime and online scams
The Australian Competition and Consumer Commission (ACCC) has claimed that reported business scams and cyber crime relating to scams rose by around 30% in 2016, leading to greater concerns about online security and the targeting of businesses. The Commission’s Scamwatch program had reported the rise in the number of businesses being subjected to fake invoices and payment…
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ACCC takes Apple to court over repair warranties
The Australian Competition and Consumer Commission (ACCC) has begun legal proceedings against Apple over claims that the conditions of customers’ warranties were misrepresented by the software giant. An update to the software used for Apple products has caused some iPhones and iPads to become disabled after downloading the iOS update, which became known as “error 53”.…
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Telstra loses fight over copper network prices
Mobile service provider Telstra has lost its battle against a ruling to cut the amount it can charge its customers for access to its copper network. The Australian Competition and Consumer Commission (ACCC) ruled in 2015 that Telstra was required to reduce access prices to its fixed line network by 9.4%. The move could potentially cost the…
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Nurofen fined millions for misleading consumers
The manufacturers of the popular painkiller range Nurofen will be fined $6 million for misleading customers. Today the Australian Competition and Consumer Commission (ACCC) won the court case against pharmaceutical giant Reckitt Benckiser over the targeted pain range. The Federal Court found that the Nurofen targeted pain relief range was misleading because they all had…
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IKEA furniture comes crashing down
Ikea is undoubtedly the biggest ready- to-sell furniture store on the planet; having sold over 147.4 million chests of drawers globally since 1998. Many houses would have one or more pieces of IKEA furniture in their house. Now the Swedish giant has to unfortunately add a $29 million dollar recall to it’s name. Recently, it was found…
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Nurofen fined $1.7 million for misleading consumers
The company that sells Nurofen, Reckitt Benckiser, has been fined $1.7 million by the Federal Court for misleading Australian consumers about their pain relief products. The Nurofen Specific range are advertised to specifically target various types of pain including back, period, migraine and tension headache pain. It was argued that despite the packaging and marketing, the products…