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Ofcom (UK) Broadband mis-selling 'targeted'

  • 22-12-2006 2:16am
    #1
    thebman
    Closed Accounts Posts: 10,012 ✭✭✭✭


    Bits and pieces from the article:
    http://news.bbc.co.uk/2/hi/business/6199509.stm
    Ofcom said it was prepared to use large sums to fine firms which broke industry rules, to ensure public confidence in the sector was maintained.

    Firms flouting these rules, which come into force in February, and other regulations will potentially face a maximum penalty of up to 10% of their turnover

    "You will see a crackdown on rogue operators that are trying to implement scams and those companies dealing in unfair methods of competition," an Ofcom spokesman said.

    "There is a threat that if there is mis-selling, then confidence in the market will suffer and that is not acceptable."

    It is concerned that some broadband customers are being left in limbo when they change suppliers since firms are failing to provide codes enabling them to transfer smoothly.

    Ofcom is increasing penalties for other forms of mis-selling with fines for firms guilty of making silent phone calls set to rise to £50,000 next year.

    I wish they'd regulate the Irish market :(


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