The Federal Government is encouraging consumers to watch out for price gouging and question price rises that are claimed to be related to the carbon price.
As a reminder – if businesses make false carbon price claims, they run the risk of breaching the Competition and Consumer Act, and could be exposed to a $1.1 million fine for misleading consumers.
The Australian Competition & Consumer Commission(ACCC), the regulating body for misleading and false carbon price claims, has made available the following information to guide businesses –
- ACCC Carbon price claims – Guide for business (Updated May 2012)
- ACCC Carbon price claims and your business – web videos
- ACCC Carbon price claims: information to support your claims – Business snapshot
- ACCC Carbon price claims: dealing with your suppliers and competitors – Business snapshot
- ACCC Carbon price claims: guidance for industry associations – Business snapshot
- ACCC Carbon price claims: guidance for business advisors – Business snapshot
- ACCC Carbon price claims: guide for business – Business snapshot (Updated May 2012)
