US FTC: Australian, U.S. consumer protection cops stop Internet copycat.

0 Comments | M2 Presswire, June, 1999

M2 PRESSWIRE-8 June 1999-US FTC: Australian, U.S. consumer protection cops stop Internet copycat (C)1994-99 M2 COMMUNICATIONS LTD RDATE:070699 * Consumers Will Qualify For Refunds Under Australian Agreement As many as 13,000 consumers in at least nine countries who were duped by a copycat Internet domain name registry will qualify for refunds under an agreement announced by Australian and U.S.

consumer protection agencies. The Federal Trade Commission targeted the Internet domain name scam being operated out of Australia, and alerted Australian Competition and Consumer Commission authorities, who charged the company and its principal with misleading and deceptive conduct. The case has been settled by the ACCC with the establishment of a trust fund, which...