ACCC Chairman, Mr Graeme Samuel observed that Imagine's parent company, Imagine Un Limited had made an announcement to the Australian Securities Exchange purportedly about the outcome of the ACCC's proceeding.
Mr Samuel expressed concern that Imagine Un Limited had prominently claimed that a key outcome of the proceeding was that no compensation was payable.
"This statement by Imagine Un Limited is mischievous and arguably misleading. The ACCC's proceeding against Imagine did not concern payment by it of compensation as this is not a remedy available under the provisions of the Act under which the ACCC took action.
"However, it is inconceivable that payment of compensation will not be part of claims brought by licensees to the alternative dispute resolution process consented to by Imagine in undertakings to the court."
In the findings for imagine un, it is noted that "This statement by Imagine Un Limited is mischievous and arguably misleading.
Isn't this happening all over again in BIG UN.
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