May 14 (Reuters) - Australia's ACCC:
COURT FINDS THAT COLES MISLED CUSTOMERS OVER 'DOWN DOWN' CLAIMS
FEDERAL COURT FOUND COLES SUPERMARKETS AUSTRALIA MADE FALSE OR MISLEADING REPRESENTATIONS ABOUT ‘DOWN DOWN’ DISCOUNTS
ACCC ALLEGED DISCOUNTS WERE ILLUSORY AND THAT THE REPRESENTATIONS WERE FALSE OR MISLEADING, IN BREACH OF THE AUSTRALIAN CONSUMER LAW.
COURT WILL DETERMINE PENALTIES AND OTHER ORDERS SOUGHT BY THE ACCC AT A LATER DATE
ACCC ALLEGED DISCOUNTS WERE ILLUSORY, REPRESENTATIONS WERE FALSE OR MISLEADING IN BREACH OF THE AUSTRALIAN CONSUMER LAW
Further company coverage: COL.AX
((Reuters.Briefs@thomsonreuters.com;))