Stock Market News

Australian court fines Dell unit $6.5 million for misleading customers on discounts

2023.08.13 23:48


© Reuters. FILE PHOTO: The Dell logo is seen on an item for sale in a store in Manhattan, New York City, U.S., November 24, 2021. REUTERS/Andrew Kelly

(Reuters) -Australia’s Federal Court on Monday ordered Dell Technologies (NYSE:) Inc’s local unit to pay A$10 million ($6.46 million) in penalties for making misleading representations on its website about discounts for add-on computer monitors.

In a legal action brought by the country’s competition regulator, Dell Australia was found guilty by the Federal Court in June to have misled customers about the prices or discounts on add-on monitors on its website.

“This outcome sends a strong message to businesses that making false representations about prices or inflating discounts is a serious breach of consumer law and will attract substantial penalties,” said Liza Carver, the commissioner of the Australian Competition and Consumer Commission.

Dell Australia, which sold more than 5,300 add-on monitors with overstated discounts during August 2019 to Dec. 16, 2021, did not immediately respond to a Reuters request for comment.

($1 = 1.5480 Australian dollars)

Source link

Related Articles

Back to top button
bitcoin
Bitcoin (BTC) $ 83,278.31 1.12%
ethereum
Ethereum (ETH) $ 1,896.83 1.56%
tether
Tether (USDT) $ 1.00 0.02%
xrp
XRP (XRP) $ 2.33 2.17%
bnb
BNB (BNB) $ 631.02 4.00%
solana
Solana (SOL) $ 128.53 4.40%
usd-coin
USDC (USDC) $ 1.00 0.01%
cardano
Cardano (ADA) $ 0.716217 2.97%
dogecoin
Dogecoin (DOGE) $ 0.172119 1.80%
tron
TRON (TRX) $ 0.212526 3.34%
staked-ether
Lido Staked Ether (STETH) $ 1,895.62 1.53%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 83,060.25 1.12%
pi-network
Pi Network (PI) $ 1.39 7.28%
leo-token
LEO Token (LEO) $ 9.80 0.49%
chainlink
Chainlink (LINK) $ 13.68 2.73%
the-open-network
Toncoin (TON) $ 3.44 1.24%
stellar
Stellar (XLM) $ 0.271781 0.45%
usds
USDS (USDS) $ 1.00 0.00%
wrapped-steth
Wrapped stETH (WSTETH) $ 2,269.96 1.77%
hedera-hashgraph
Hedera (HBAR) $ 0.192563 0.28%
shiba-inu
Shiba Inu (SHIB) $ 0.000013 1.40%
avalanche-2
Avalanche (AVAX) $ 18.49 4.71%
sui
Sui (SUI) $ 2.28 1.89%
litecoin
Litecoin (LTC) $ 92.28 0.24%
mantra-dao
MANTRA (OM) $ 6.94 4.65%
polkadot
Polkadot (DOT) $ 4.40 1.91%
bitcoin-cash
Bitcoin Cash (BCH) $ 333.18 1.80%
ethena-usde
Ethena USDe (USDE) $ 1.00 0.00%
weth
WETH (WETH) $ 1,897.20 1.45%
bitget-token
Bitget Token (BGB) $ 4.42 1.11%
binance-bridged-usdt-bnb-smart-chain
Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00 0.45%
hyperliquid
Hyperliquid (HYPE) $ 13.63 0.49%
whitebit
WhiteBIT Coin (WBT) $ 28.34 1.84%
wrapped-eeth
Wrapped eETH (WEETH) $ 2,016.32 1.54%
monero
Monero (XMR) $ 211.56 0.21%
uniswap
Uniswap (UNI) $ 6.16 1.63%
susds
sUSDS (SUSDS) $ 1.04 0.05%
dai
Dai (DAI) $ 0.999887 0.01%
aptos
Aptos (APT) $ 5.36 0.62%
near
NEAR Protocol (NEAR) $ 2.54 3.96%
okb
OKB (OKB) $ 49.72 6.29%
pepe
Pepe (PEPE) $ 0.000007 4.01%
mantle
Mantle (MNT) $ 0.822228 2.22%
internet-computer
Internet Computer (ICP) $ 5.69 2.47%
gatechain-token
Gate (GT) $ 21.83 0.85%
ethereum-classic
Ethereum Classic (ETC) $ 17.72 1.32%
ondo-finance
Ondo (ONDO) $ 0.844661 2.89%
coinbase-wrapped-btc
Coinbase Wrapped BTC (CBBTC) $ 83,300.32 1.02%
aave
Aave (AAVE) $ 167.26 3.05%
tokenize-xchange
Tokenize Xchange (TKX) $ 30.02 0.04%