19 results, showing 1 to 19
On 29 July 2010, the ACCC accepted an undertaking (the Undertaking) from Novartis AG (Novartis) in relation to its proposed acquisition of Alcon Laboratories Inc (Alcon) (the Proposed Acquisition).
Novartis and Alcon were the only suppliers of injectable miotic products in Australia.
Queensland Solar Systems (QSS) has acknowledged that claims about electricity savings and sale discounts in advertisements for photovoltaic solar panel systems were likely to have contravened sections 52, 53(c) and 53(e) of the Trade Practices Act 1974.
QSS has provided the Australian Competition and Consumer Commission (ACCC) with a court-enforceable undertaking, which requires QSS to publish corrective advertising notices in newspapers, an industry bulletin and on its website and to set up a trade practices law compliance program. QSS is also required to contact its past customers to inform them of the conduct and advise the ACCC of what steps it takes to resolve any complaints that may arise.
State Solar Services (SSS) has acknowledged that claims about electricity savings and sale discounts in advertisements for photovoltaic solar panel systems were likely to have contravened sections 52, 53(c) and 53(e) of the Trade Practices Act 1974.
SSS has provided the Australian Competition and Consumer Commission (ACCC) with a court-enforceable undertaking, which requires SSS to publish corrective advertising notices in newspapers, an industry bulletin and on its website and to set up a trade practices law compliance program. SSS is also required to contact its past customers to inform them of the conduct and advise the ACCC of what steps it takes to resolve any complaints that may arise.
The ACCC has accepted an undertaking from Intervest Global Live Pty Ltd (Intervest Global) in respect of advertisements it caused to be published on the SeekCommerical website between November 2007 and 18 February 2010. The advertisements were for Intervest Global's horse-betting software called 'Trilogics'.
Intervest Global acknowledges that representations in the advertisements were likely to be misleading or deceptive and may have breached sections 52, 55 and 59 of the Trade Practices Act 1974 for the following reasons:
Intervest Global represented that the software was a franchised business, when it was not.
Intervest Global represented that it guaranteed that customers would earn $50,000 - $70,000 from home by using the software, when it did not offer a guarantee of that nature.
Intervest Global stated that customers earned on average $56,855 in 2008 and that many customers had earned significantly more, when it had no basis for making that representation.
Intervest Global represented that many customers had been with Intervest for 10 years, when it had no basis for making that representation.
The ACCC was concerned that the advertisements misrepresented the risk of purchasing the Trilogics software by making unsubstantiated claims about its profitability and other characteristics.
Intervest Global is required to publish corrective notices on its website and to display the notice in the reception area of its premises. Intervest Global is also required to email a copy of the notice to all potential customers that responded to the advertisements.
Murray Irrigation Limited has provided an undertaking to the ACCC acknowledging that its conduct breached rule 5(1) of the Water Charge (Termination Fees) Rules 2009 because it imposed termination fees that exceeded the maximum amount authorised under the Rules.
Ray White has provided an undertaking to the ACCC acknowledging that its conduct was likely to have contravened section 51AD of the Act because it did not comply with clause 21 of the Franchising Code of Conduct when seeking to terminate the franchise agreement, and there were no special circumstances to warrant termination of the franchise agreement under clause 23 of the Code.
ANE Furniture Pty Ltd (ANE) is a manufacturer and importer of household furniture, including bunk beds.
In February 2009, officers from the ACCC conducted a survey of bunk beds for compliance with the Bunk Consumer Protection Notice (CPN).