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ASX company busted allegedly misleading customers
Tony Yoo | December 22, 2020 12:56pm |
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Energy provider
Origin Energy Ltd (ASX: ORG) has paid a $126,000 penalty after the consumer watchdog accused it of misleading customers.
The Australian Competition and Consumer Commission (ACCC) revealed Tuesday the fine was paid in response to an infringement notice for a letter Origin sent to Victorian clients.
The letter stated that electricity prices were rising and the reason for it was the Victorian Essential Services Commission’s increase to the Victorian Default Offer.
But in reality, the default offer has no impact on what energy retailers charge most consumers, who are on market offers. ....

Jon Briskin , Rod Sims , Origin Energy Ltd , Victorian Essential Services Commission , Consumer Commission , Australian Competition , Victorian Default , South Australia , Motley Fool , தடி சிம்ஸ் , ஆரிஜிந் ஆற்றல் லிமிடெட் , விக்டோரியன் அவசியம் சேவைகள் தரகு , நுகர்வோர் தரகு , ஆஸ்திரேலிய போட்டி , விக்டோரியன் இயல்புநிலை , தெற்கு ஆஸ்திரேலியா , மோட்லி முட்டாள் ,