Australia: Blaming Price Increases on Carbon Tax Could Result in Million Dollar Fine for Businesses
June 4th, 2012
Via: The Telegraph:
SHOPS and restaurants could face fines up to $1.1 million if waiters or sales staff wrongly blame the carbon tax for price rises or exaggerate the impact.
…
ACCC deputy chairman Dr Michael Schaper told the Herald Sun companies were entitled to increase their prices and did not have to justify or explain why.
“It is business as usual,” Dr Schaper said.
But if they blamed the carbon tax they must be able to prove it and not use it as a cover for other price increases related to wages, rent or stock.
“If a business claims that a price is linked to the carbon price, that claim must be truthful and have a reasonable basis,” he said.
Dr Schaper said the warning applied to comments made by staff over the phone, on the shop floor or in meetings.
It also covers advertising, product labels, websites, invoices, contracts and contract negotiations.
Research Credit: anchoviesmegma
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