Latest Australian Competition and Consumer Commission Stories

Apple’s Down Under Troubles End With A Hefty Fine
2012-06-22 06:52:01

Michael Harper for redOrbit.com The legal battle between Apple and Australia´s Australian Competition and Consumer Commission (ACCC) is now over, as a judge has ordered the Cupertino company to pay out A$2.25 million (That´s $2.26 million American) to the ACCC. Earlier this month, a judge ruled in favor of the ACCC, saying Apple had misled customers about the capability of their 4G branded iPads. Now, Federal Court Judge Justice Mordecai Bromberg has approved the A$2.25...

Apple Pays The Piper
2012-06-08 12:28:51

Michael Harper for redOrbit.com It looks like the long and twisting saga of the New iPad Down Under is coming to a close as Apple finally agreed to shell out the big bucks in order to appease the powers that be. Agreeing that they may have misled some Australian customers about the iPad´s ability to achieve 4G speeds, Apple now faces a penalty of 2 million Australian dollars, or $1.9 million American. In addition to agreeing to pay out $2 million to settle this case, Apple also...

Apple Gives In To ACCC And ASA, Drops 4G From iPad’s Name
2012-05-14 12:55:24

Michael Harper for RedOrbit.com When Apple introduced their newest iPad in March, they also introduced their very first product to utilize the next generation of high-speed wireless connectivity, 4G LTE. Here in the States, customers of AT&T and Verizon can take advantage of the high speed LTE capabilities. However, customers elsewhere in the world, like Australia and UK aren´t as lucky. While these 4G iPads will still access lesser 3G or HSPA+ networks, they are not always...

Google Slapped With Guilty Verdict For Misleading Ads
2012-04-03 11:47:00

Google Inc. on Tuesday was found guilty in an Australian court for “deceptive” conduct by allowing misleading advertisements to be shown in Internet search results on its pages, after an appeal was upheld by the country´s competition regulator. Google initially won a case brought by the Australian Competition and Consumer Commission (ACCC) last September over claims that its sponsored links within search results were misleading. But that ruling was overturned by three...

Apple Agrees To Offer Refunds To iPad Customers In Australia
2012-03-28 12:27:10

Some angry Australians who have purchased Apple´s newest iPad are very upset they cannot take advantage of the touted 4G technology and 4G speeds. Now, the Australian Competition and Consumer Commission (ACCC) is taking action and asking Apple to offer refunds to Australian consumers and remove the “4G” branding from their tablets. While Apple will continue to fight to maintain the “4G” branding, they have agreed with the ACCC and will begin to issue refunds...

2008-10-28 15:00:21

British Airways and Australian airline Qantas reached a combined $15.6 million price-fixing settlement with Australian authorities Tuesday. BA agreed to pay $3.1 million and Qantas $12.5 million to settle claims the companies fixed freight shipping prices, The Times of London reported. Both airlines cooperated with Australian authorities in a case that has been the subject of fines and class action lawsuits in the United States and Britain. Graeme Samuel, chairman of the Australian...

2008-10-02 06:00:27

A proposed $114 billion hostile takeover bid by the BHP Billiton mining company of Rio Tinto was cleared by the Australian competition regulator Wednesday, moving BHP a step closer to clinching a deal first announced almost a year ago. The decision by the Australian Competition and Consumer Commission led to a jump of 12 percent by shares in Rio Tinto, another Australian company, as investors gained confidence that a deal would eventually go ahead. "For BHP, it's one small step forward,...

Word of the Day
  • Good cheer; viands.
  • To revel; to feast.
The word 'bellycheer' may come from 'belle cheer', "good cheer".