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The Latest Breaking News from ACCC

Supermarkets told to pass on savings at the checkout

Supermarkets have been told to pass on savings as calls echo for the consumer watchdog to launch an inquiry into their behaviour.

AAP

Coles & Woolies Are Charging Aussies More For These Local Products Than Overseas Stores

Reddit users have noticed that Australian made products are cheaper overseas than they are right here in Aussie supermarkets.

Pedestrian.tv

Lithium-ion batteries fires warning for Christmas

The fire risk from lithium-ion batteries is rising as Christmas shoppers continue stocking up on gadgets and devices that run on the rechargeable power source.

AAP

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Airbnb Has Been Ordered To Pay $30m After Misleading 63,000 Aussie Customers With US Prices

Airbnb will pay a $15 million fine after failing to make clear to customers that price listings were in US and not Australian dollars.

Pedestrian.tv

Airbnb forced to pay up to $30m for misleadingly charging Australians in US dollars

Federal court fines company $15m and orders it to pay up to $15m in compensation for making false or misleading claims to about 70,000 customers

The Guardian - AU

ACCC warns of higher prices without right merger reform

The consumer watchdog has poured cold water on merger reform models proposed by Treasury and says its compulsory notification model strikes the right balance.

AAP

Two in five Australians had flight cancelled or delayed over 12 months, survey says

Choice poll claims fewer than half of all flight refunds are received within a month

The Guardian - AU

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Pathology company merger off after regulator opposition

Australian Clinical Labs has dropped a takeover bid for fellow pathology company Healius after the competition regulator opposed the move.

AAP

Savers miss out as banks exploit 'consumer inertia'

The consumer watchdog says many bank customers are paying the loyalty tax on their savings accounts and could be earning more interest.

AAP

Waterfront operators’ soaring profit margins prompts concerns from competition regulator

ACCC report finds there may not be enough market pressure on dominant port operators as companies blame high shipping charges for rising prices

The Guardian - AU

Not fit for purpose: Fitbit fined $11m for false claims

Australia's Federal Court has issued Fitbit with an $11 million penalty for making misleading claims to customers who complained about faulty devices.

AAP

Principles guard truth in 'eco-friendly' product claims

Shoppers wanting a more sustainable option have fresh protection against false environmental claims under principles for businesses released by the regulator.

AAP

International factors driving petrol price pain

Higher international fuel prices driven by oil production cuts and strong demand, combined with a lower US dollar exchange rate, are pushing up petrol prices.

AAP

ACCC finds one in three online businesses faking, deleting reviews

Australia’s competition watchdog says review removal businesses may be in contravention of consumer law

The Guardian - AU

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AAP

Bad influence: social media stars and firms exposed

A sweep by the Australian Competition and Consumer Commission has found that many online influencers and businesses are misleading the public.

Pedestrian.tv

Coles, Woolies And Aldi Target Of ACCC Complaint Over Misleading Label On ‘Sustainable’ Fish

Supermarkets could be hit with significant fines for misleading customers with false sustainability claims, if a complaint to the Australian Competition and Consumer Commission (ACCC) is proven true.

The Guardian - AU

Coles, Woolworths and Aldi ‘responsibly sourced’ salmon labels may be misleading, watchdog told

Environmental groups allege some of the supermarkets’ salmon is from Tasmanian farms reportedly having ‘catastrophic’ impact on ancient Maugean skate

The Guardian - AU

I wasn’t notified when my 9am flight time changed to 6am. Can I get compensation?

You shouldn’t have to wear the cost of those expensive replacement tickets, writes Australian policy expert Kat George. But pursuing this might be frustrating

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Pedestrian.tv

Coles & Woolies Will Finally Cop A Senate Inquiry Into Grocery Pricing After Record Profits

Coles and Woolworths will soon face a Senate inquiry into whether they have been price gouging consumers during a cost of living crisis.

AAP

Coles gets green light for $105m milk plants purchase

Coles' buy out of two state-of-the-art milk processing plants in NSW and Victoria will not be blocked by the competition watchdog.

The Guardian - AU

Scammer paid Facebook 7c per view to circulate video of deepfake Jim Chalmers and Gina Rinehart

Video is designed to appear like A Current Affair interview and features altered versions of treasurer and rich listers

The Conversation

Social media ads are littered with ‘green’ claims. How are we supposed to know they're true?

Online platforms are awash with ads for so-called “green” products. Power companies are “carbon neutral”. Electronics are “for the planet”. Clothing is “circular” and travel is “sustainable”. Or are they?

The Guardian - AU

Australian banks buckle to pressure over scams and vow to block transfers to suspect accounts

Consumer groups have long lobbied for institutions to crack down on scams by rejecting transfers if name and bank details of recipient don’t match

AAP

'Too permissive' merger rules eyed for reform

The federal government is taking a look at merger rules to ensure they are not weighing on competition and allowing firms to charge higher prices.

The Guardian - AU

Jet trip followed guidelines, minister’s office says – as it happened

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