Carbon tax watchdog investigating 20 cases of misleading activity

Friday 13 July 2012 @ 3.04 p.m. | Corporate & Regulatory

The competition regulator has received just over 630 complaints and inquiries in the first 10 days since the federal government’s carbon pricing scheme came into effect on 1 July 2012.

More than a third of all inquiries to the Australian Competition and Consumer Commission were in regard to increases in electricity bills, with consumers challenging whether the price increases flagged by energy retailers are appropriate. The ACCC has said it wants to stamp out misleading and deceptive claims, but deputy chairman Michael Schaper says so far there has not been “a particularly large amount” of complaints pertaining to the activity of small businesses.

Mr Schaper goes on to say ...

“Small retail businesses, and small business generally, despite the occasional story [in the media] have not figured prominently in the complaints and inquiries we’ve had.

Most of the complaints actually are about large, complex industries.”

Schaper says the ACCC is investigating “in detail” about 20 cases of misleading activity.

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