Australian regulator sweeps social media to identify misleading testimonials by influencers
The ACCC has this week started a sweep to identify misleading testimonials and endorsements by social media influencers.
The ACCC has this week started a sweep to identify misleading testimonials and endorsements by social media influencers.
The ACCC today commenced its formal consideration of ANZ Banking Group’s proposed acquisition of the banking arm of Suncorp.
The sentences relate to price fixing of the AUD/VND exchange rate and the transaction fees charged to customers who were sending money.
Australians lost a record amount of more than $2 billion to scams in 2021, the ACCC’s latest Targeting Scams report reveals.
Australians lost over $205 million to scams between 1 January and 1 May 2022, a 166% increase compared to the same period last year.
The ACCC is suing Mastercard for allegedly engaging in conduct that substantially lessens competition in the supply of debit card acceptance services.
The ACCC alleges that the ads, which promoted investment in cryptocurrency, were likely to mislead Facebook users.
The CDPP has withdrawn charges against Citigroup, Deutsche Bank AG and four senior banking executives.
The ACCC has cleared the proposed merger of BPAY Group Holding Pty Ltd, eftpos Payments Australia Ltd and NPP Australia Ltd.
Investment scams reported to Scamwatch have cost Australians over $70 million in the first half of this year.