MARKETS

ACCC takes EnergyAustralia to court over misleading market

AUSTRALIAN Competition and Consumer Commission (ACCC) has filed a lawsuit against EnergyAustralia in the federal court for allegedly breaching the Electricity Retail Code and the Australian Consumer Law on impending price-change notifications.

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Under the Code, electricity retailers are required to communicate price information in a simple and standardised way, allowing consumers and small businesses to compare plans more easily across different...

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