Australian Telco Giant Optus Slapped with US$66 Million Fine over 'Appalling' Conduct
The Federal Court found Optus targeted over 400 vulnerable Australians with misleading sales tactics, prompting a $100 million fine and enforceable changes in sales practices.
- Optus has been ordered to pay a fine of $100 million due to 'appalling' sales conduct affecting vulnerable customers, as confirmed by the Federal Court and the Australian Competition and Consumer Commission .
- Justice Patrick O'Sullivan described Optus's conduct as 'extremely serious' and noted that many affected consumers were First Nations Australians and vulnerable individuals.
- Optus admitted that its sales staff acted unconscionably and that inappropriate sales practices occurred across multiple stores from August 2019 to July 2023.
- Optus sold products to over 400 consumers in regions with no reception available.
57 Articles
57 Articles
Optus Fined $100 Million for Exploiting Vulnerable Customers
Optus has been hit with a record $100 million penalty after the Federal Court found the telco engaged in “predatory” and “appalling” sales practices that targeted hundreds of vulnerable Australians over a four-year period. The judgment comes as the company reels from its second Triple Zero outage in recent years, and subsequent revelations that four people may have died during that blackout. “The conduct varied in form but consistently reflected…
A $100 million fine for ‘appalling’ predatory sales practices caps a horror week for Optus
A Federal Court judge on Wednesday ordered Optus to pay a A$100 million fine for its “appalling” high-pressure sales tactics over several years up to 2023. More than 400 people were pressured or misled into buying phones or contracts they didn’t want, couldn’t afford – or in some cases couldn’t even use. The court’s decision approves an agreement reached between Optus and the Australian Competition and Consumer Commission (ACCC) in June, under w…
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