Australia regulator to probe social media influencers for false endorsements

Share via:

Australia’s competition regulator said on Friday that it would investigate whether social media influencers had omitted to disclose their relationship with the brands they were endorsing.

The Australian Competition and Consumer Commission (ACCC) announced that it would examine more than 100 influencers after receiving complaints from a number of consumers about certain endorsements and testimonials they claimed to be false. As part of the sweep, the ACCC has started looking into Facebook, Instagram, TikTok, Snapchat, YouTube, and Twitch, all of which are owned by Meta Platforms Inc. said Cass-Gottlieb.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Popular

More Like this

Australia regulator to probe social media influencers for false endorsements

Australia’s competition regulator said on Friday that it would investigate whether social media influencers had omitted to disclose their relationship with the brands they were endorsing.

The Australian Competition and Consumer Commission (ACCC) announced that it would examine more than 100 influencers after receiving complaints from a number of consumers about certain endorsements and testimonials they claimed to be false. As part of the sweep, the ACCC has started looking into Facebook, Instagram, TikTok, Snapchat, YouTube, and Twitch, all of which are owned by Meta Platforms Inc. said Cass-Gottlieb.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

More like this

India Startup Funding Rises 15% MoM In April 2024

SUMMARY Indian startups raised $868 Mn across 90 deals...

Iconiq raises $5.15B toward seventh flagship fund

Iconiq Capital has raised $5.15 billion across two...

Here’s the letter from 14 senators slamming TSA facial...

The TSA’s been planning to expand facial recognition...

Popular

Upcoming Events

Startup Information that matters. Get in your inbox Daily!