January 2015

January 30, 2015 1:35 PM | Posted by Pinar Ozer | Permalink

The ACCC has issued a warning on the consequences of misleading statements relating to extended warranties. This relates to its big win late last year in the first case on misleading representations relating to extended warranties and the consumer guarantee regime. Fisher & Paykel and Domestic & General agreed to pay a penalty of $200,000 each for misleading consumers about the need for extended warranty products.

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