Australian court fines Exxon's local petrol brand $11.3 million for misleading claims

Reuters
02/17
UPDATE 1-Australian court fines <a href="https://laohu8.com/S/XOM">Exxon</a>'s local petrol brand $11.3 million for misleading claims

Adds company response in paragraph 10

Feb 17 (Reuters) - Federal Court of Australia has fined Mobil Oil Australia A$16 million ($11.3 million) over misleading claims about fuel sold at petrol stations in parts of Queensland, the country's competition regulator said on Tuesday.

Mobil Oil Australia supplies petroleum, diesel and other fuel products to retailers in Australia and is owned by oil and gas major Exxon Mobil XOM.N.

In 2024, the Australian Competition and Consumer Commission (ACCC) had taken the local unit to court, alleging that the company had misled customers about fuel sold at six of its branded petrol stations in Queensland.

On Tuesday, Mobil admitted it had made misleading claims to consumers between August 2020 and July 2024, falsely indicating that its "Mobil Synergy Fuel" contained certain additives, ACCC said in its statement.

The conduct occurred at nine Mobil petrol stations in the north and central Queensland towns and suburbs of Aitkenvale, Barcaldine, Berserker, Biloela, Guthalungra, Proserpine, Rasmussen, Rural View and Yeppoon.

The fuel supplied to the petrol stations was the same or substantially the same as unadditised fuel at other non-Mobil retail sites, the regulator added.

ACCC said the claims were made through a range of signage and branding at the nine petrol stations that promoted the benefits of Mobil Synergy Fuel.

"We considered it very likely that some people chose to fill up at these petrol stations because they thought they were getting a different quality of petrol with particular benefits for their car engine," ACCC Deputy Chair Mick Keogh said.

The firm's conduct was in breach of the Australian consumer law, ACCC added in its statement.

In an emailed response to Reuters, Mobil said it has taken steps to either refrain from installing specific benefit claims on bowsers at the relevant sites or to cover or remove those claims at sites without Synergy fuel.

The company added that it acknowledges errors were made.

($1 = A$1.4152)

(Reporting by Rajasik Mukherjee; Editing by Sumana Nandy)

((Rajasik.Mukherjee@thomsonreuters.com;))

應版權方要求,你需要登入查看該內容

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10