TPG dodges massive misleading conduct fine
Internet Service Provider, TPG, has successfully appealed its massive $2 million fine for misleading conduct after a Federal Court ruling earlier this week.
The ruling will see the ISP’s fine shaved from the original $2 million to a paltry $50,000 after the Court ruled that only a small number of the company’s advertisements breached consumer law.
The announcement comes after the Australian Competition and Consumer Commission (ACCC) had successfully persecuted a case with the Federal Court, which ruled that the company’s advertisements of its ADSL2+ mislead consumers on price.
The earlier ruling found that TPH’s television, radio, newspaper and interner advertisements were misleading because they conveyed the impression that the company’s ADSL2+ broadband internet service could be acquired for $29.99 per month, when in fact it had to be bundled with an additional $30 telephone line to achieve this price.
The ACCC will lodge an appeal with the High Court in challenge of the ruling.