4 results, showing 1 to 4
Misleading and deceptive representations in relation to the marketing of ‘80/20’ investment policies.
Undertakings given included:
that AMP would institute a second method of valuing the policy while maintaining the old ‘adjustment’ method of valuation;
that AMP would negotiate a settlement with policy owners who claimed they were unaware of the adjustment process when they bought the policy; and
other provisions including:
better statement disclosure;
better market testing of products;
an ongoing audit program, provision of $100 000 for a community education television program; and
a $70 000 contribution to the Commission for assessing AMP’s settlement offer
Misleading and deceptive advertising in relation to digital mobile phones.
Undertaking given that any future advertising or promotion will clearly disclose any conditions of purchase, the total minimum purchase cost of the telephone and entry into a service contract or arrangement, and any other charges.
BellSouth to notify customers of this undertaking and to make an alternative offer, plus institute a three-year trade practices compliance program
Code of ethics requiring members to abide by exclusionary or price fixing provisions.
Undertaking given not to be knowingly concerned in or party to members entering into or giving effect to any exclusionary provisions or price fixing agreements or understandings.
Association to advise members of undertaking in forms acceptable to the Commission including an article in its internal publication
Resale price maintenance of imported Italian pasta and olive oil.
Undertakings given:
that Bertolli and Mr Bertini would not engage in resale price maintenance and would write to all retailers of their products informing them that they were free to set their own retail price; and
to institute a compliance program for company officers.
No results found
No results found