Coles instructed to refund suppliers $12 million
Around 100 suppliers have been paid back $12 million by Coles after buyers were found to have employed “threatening” tactics in their dealings.
Around 100 suppliers have been paid back $12 million by Coles after buyers were found to have employed “threatening” tactics in their dealings.
Coles Supermarkets Australia Pty Ltd has been fined $2.5 million for misleading consumers by promoting its bread products as being “Baked Today, Sold Today” and “Freshly Baked In-Store”.
Fisher & Paykel and Domestic & General will have to pay a penalty of $200,000 each after the Federal Court declared they had made false or misleading representation when offering extended warranty to customers.
The ACCC alleges the companies contravened Australian Consumer Law by “making false and misleading representations and engaging in misleading or deceptive conduct” when selling electricity and gas plans.
InvoCare Limited has been fined $102,000 for allegedly making false and misleading representations to their customers.
Coles has released a statement rejecting the Australian Competition and Consumer Commission’s Statement of Claim lodged in the Federal Court last week.
The Australian Competition and Consumer Commission (ACCC) have today taken further legal action against Coles, claiming that the supermarket chain engaged in unconscionable conduct against small business suppliers.
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