Power Balance Forced To Refund Customers in Australia Due To Misleading Advertisement
According to several international news reports, the maker of Power Balance wristbands has been forced to refund customers in Australia and to admit misleading advertisements.
Power Balance wristbands
The Australian Competition and Consumer Commission (ACCC) forced the company to back up its claims that the bracelet improved “balance, strength and flexibility” of people wearing it. However, Power Balance admitted that there is “no credible scientific evidence” that supports their claims.
“Power Balance has admitted that there is no credible scientific basis for the claims and therefore no reasonable grounds for making representations about the benefits of the product,” ACCC chairmanGraeme Samuel was quoted saying.
“Its conduct may have contravened the misleading and deceptive conduction section of the Trade Practices Act 1974,” Mr. Samuel added.
Refund for Power Balance wristbands is being offered until June 30, 2011.