ACCC’s ‘intervention’ on Qantas has had ‘significant effect’: Former ACCC boss

skynews05-06

Former ACCC chair Allan Fels says the ACCC’s “intervention” on Qantas has had a “significant effect”.Qantas will pay a $100 million penalty for misleading customers by selling tickets to flights that ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2433412051?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-05-06 11:03","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2433412051","market":null,"top_or_hot":-1,"title":"ACCC’s ‘intervention’ on Qantas has had ‘significant effect’: Former ACCC boss","media":"skynews","content":"<div>\n<p>Former ACCC chair Allan Fels says the ACCC’s “intervention” on Qantas has had a “significant effect”.Qantas will pay a $100 million penalty for misleading customers by selling tickets to flights that ...</p>\n\n<a href=\"https://www.skynews.com.au/business/acccs-intervention-on-qantas-has-had-significant-effect-former-accc-boss/video/8d0ac298eaa11be50ea49bbeab51302f\">Source Link</a>\n\n</div>\n","source":"skynews_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>ACCC’s ‘intervention’ on Qantas has had ‘significant effect’: Former ACCC boss</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nACCC’s ‘intervention’ on Qantas has had ‘significant effect’: Former ACCC boss\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-05-06 11:03 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.skynews.com.au/business/acccs-intervention-on-qantas-has-had-significant-effect-former-accc-boss/video/8d0ac298eaa11be50ea49bbeab51302f><strong>skynews</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Former ACCC chair Allan Fels says the ACCC’s “intervention” on Qantas has had a “significant effect”.Qantas will pay a $100 million penalty for misleading customers by selling tickets to flights that ...</p>\n\n<a href=\"https://www.skynews.com.au/business/acccs-intervention-on-qantas-has-had-significant-effect-former-accc-boss/video/8d0ac298eaa11be50ea49bbeab51302f\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"QAN.AU","symbol_name":"QANTAS AIRWAYS LIMITED","start_time":0,"source_url":"https://www.skynews.com.au/business/acccs-intervention-on-qantas-has-had-significant-effect-former-accc-boss/video/8d0ac298eaa11be50ea49bbeab51302f","article_id":"2433412051","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2433412051","pubTimestamp":1714964605,"sourceInfo":{"source_id":"skynews_highlight","name":"skynews"},"weMediaInfo":null,"summary":"Former ACCC chair Allan Fels says the ACCC’s “intervention” on Qantas has had a “significant effect”.","collect":0,"end_time":0,"defaultTopTitle":"skynews.com.au","property":[],"viewcount":null,"language":"en","relate_stocks":{"QAN.AU":"QANTAS AIRWAYS LIMITED","BK7030":"航空公司"},"translate_title":"ACCC对澳航的“干预”产生了“重大影响”：ACCC前老板","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"QAN.AU":1},"content_text":"Former ACCC chair Allan Fels says the ACCC’s “intervention” on Qantas has had a “significant effect”.Qantas will pay a $100 million penalty for misleading customers by selling tickets to flights that had already been cancelled.Affected customers will receive a payment of $225 for domestic flights and $450 for international flights.Mr Fels said he had not seen a breach of consumer law on “such a scale”.“Qantas’ reputation was suffering before this case, but the ACCC intervention kind of legitimated the concerns of consumers, legitimated our concerns about their reputation and treatment of customers,” he told Sky News Australia.“So, it’s had a significant effect.”","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.22.4","shortVersion":"4.22.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2433412051"}