Valve Ordered by Australian Court to Pay $2.3 Million Fine

21 April, 2018, 21:46 | Author: Sammy Rose
  • Valve Ordered by Australian Court to Pay $2.3 Million Fine

Valve Corporation, the US-based video game developer and distribution business with more than 2.2 million subscribers in Australia, has lost its High Court challenge over a $3 million fine for misleading or deceptive conduct.

The Australian Competition & Consumer Commission (ACCC) sued Valve in 2014 over the lack of a refund policy on its digital storefront Steam.

In March 2016, the court found that Valve had breached the Australian consumer law by making false or misleading representations to consumers in relation to its online gaming platform, Steam.

In 2016, after the initial judgment, the ACCC had handed a notice to Valve asking what actions it had taken to inform its staff of Australian consumer rights, to which the company responded that it had issued oral instructions regarding compliance.

"If customers buy a product online that is faulty, they are entitled to the same right to a fix, replacement or refund as if they'd walked in to a store", she said.

Valve had sought special leave to appeal that decision in the High Court, which today dismissed that application.

Ex-US presidents at Barbara Bush funeral
Bush spontaneously made an appearance inside the church, greeting mourners who stood in line to pay their respects. Burial will follow at the Bush Library at Texas A&M University, about 100 miles northwest of Houston .


On May, 7 Oasis Midstream Partners LP (OMP) EPS Estimated At $0.43
The lowest target is $14.0 while the high is $15.0. $59.57's average target is 39.67% above currents $42.65 stock price. The stock of EQT Midstream Partners , LP (NYSE:EQM) earned "Neutral" rating by Bank of America on Wednesday, March 21.


Russian Federation says response to latest USA sanctions will be 'precise and painful'
The Washington Post called this "an extraordinary rebuke of the White House". "And it's sad. He said there was no confusion in the White House approach toward Moscow.


The trial judge had previously found these representations were not misleading, in part because the consumers had asserted their rights under Australian Consumer Law, and were therefore not likely to be misled.

"Unless required by local law" was the sticking point, because in Australia Valve was required by local law to provide refunds, but didn't.

Steam is now considered the largest such digital platform in the gaming space and is estimated by some to have a global market share of upwards of 75% and an Australian user-base of over 2.2 million users.

Valve, one of the world's largest online game retailers, runs the Steam platform, offering games such as Half-Life, Counter-Strike, Portal, Day of Defeat, Team Fortress, and Left 4 Dead.

The decision seemingly puts an end to years of back-and-forth and legal battles between Valve and the Australian regulator. The ACCC had initiated legal action in April a year ago over Apple allegedly refusing to provide a free remedy if a faulty device has been taken to a non-approved repairer. In addition to the $3 million AUD penalty, the company must also place a notice in font size 14 on its Australian website informing consumers of their rights.

Recommended:

  • Islamic Jihad blames Israel for assassination of Hamas-affiliated engineer

    Islamic Jihad blames Israel for assassination of Hamas-affiliated engineer

    Fadi Mohammed al-Batash, an engineer who worked for Hamas in Malaysia, was shot dead by masked gunmen. Photos published by Palestinian media show a man lying on the floor with a gunshot wound to the head.
    Seoul: N. Korea meaningful progress towards denuclearization

    Seoul: N. Korea meaningful progress towards denuclearization

    On Thursday, the United States leader said there was a "bright path available to North Korea when it achieves denuclearisation". He later improved ties with South Korea and sent a delegation to the Winter Olympics in the South in February.
    Anushka Sharma's Look As An Old Woman Will Raise Your Curiosity

    Anushka Sharma's Look As An Old Woman Will Raise Your Curiosity

    The country's most adored couple often shares pictures with each other on social media and the latest example is just too cute. Anushka will reportedly join Virat a little ahead of her birthday and celebrate her special day with him in Bangalore.
  • Flickr bought by photo management platform SmugMug

    Flickr bought by photo management platform SmugMug

    MacAskill said, "it just wasn't the right fit for Yahoo, they just really didn't want to be in the space". USA Today has disclosed the agreement made by both the photo sharing services on Friday.
    Scandal series finale to feature new Stevie Wonder track

    Scandal series finale to feature new Stevie Wonder track

    Kerry Washington stars on the show as Olivia Pope and she is back in the character's famous white coat for the finale. You have the challenge of holding on to the core of who the character is while still evolving.
    Syria repositions air assets ahead of possible USA  strikes

    Syria repositions air assets ahead of possible USA strikes

    Even in a broken country amid unending horrors, acts of state-sanctioned evil such as the poisoning of civilians can not stand. So far this year, more Syrians were killed by the attack in Douma over the weekend than have been resettled in the U.S.
  • Ernesto Valverde: 'Winning Copa del Rey an obligation for Barcelona'

    Ernesto Valverde: 'Winning Copa del Rey an obligation for Barcelona'

    He told told reporters: "To win the Copa del Rey would be a good way to put the Champions League slip-up behind us". It will be looking to win a record-extending 30th trophy in its fifth consecutive final.
    Sanjay Dutt - Madhuri Dixit's KALANK kicks off

    Sanjay Dutt - Madhuri Dixit's KALANK kicks off

    Kalank , directed by Abhishek Varman, also features Alia Bhatt , Varun Dhawan , Sonakshi Sinha and Aditya Roy Kapur . I mean, when was the last time you saw a film boasting such a starry ensemble together? Directed by Abhishek Varman.

    The remarkable stat that highlights Roberto Firmino's importance to Jurgen Klopp's Liverpool

    West Brom have had 53% over 2.5 goals at home but five of their six home games so far against top-eight sides have gone over 2.5. Egyptian worldwide , Mohamed Salah has explained why he struggled in the Premier League while at Chelsea.
  • Carrie Underwood Shares New Closeup Photo of Face, Talks About Her Scars

    Carrie Underwood Shares New Closeup Photo of Face, Talks About Her Scars

    Underwood posted the above selfie on Instagram on Friday, April 20, giving fans a clear view of her full face. I held onto the dog leashes in my left hand and went to catch myself with my right and just missed the step.

    Mohamed Salah has revealed why he flopped at Chelsea

    He was the ultimate big-game player for the Blues, always popping up with vital goals in the most important matches. The Reds then face Roma in the Champions League on Tuesday night in their semi-final clash at Anfield.
    Twitter reaction: Jets' historic win leads to Winnipeg traffic jams

    Twitter reaction: Jets' historic win leads to Winnipeg traffic jams

    Bryan Little wasn't sure what to do. "We just have to put everything we have into the next game and see what happens". He left the game after the opening period, and Winnipeg ran with 11 forwards for the remainder of the game.


Popular

Amit Shah is a Sanatan Hindu: Javadekar hits back at Siddaramaiah
Shah also praised the Adityanath government for establishing the rule of law in a state which "was known for "goonda raj". You must apologise to the nation", he said.

Ariana Grande Coachella Surprise ... Performs New Single
Ariana shared a clip of her performing, filmed by her videographer friend Alfredo Flores , on Instagram . If you've yet to listen to Ariana's latest tune in full then you can check it out below.

FAA orders emergency engine checks after Southwest fatality
The Federal Aviation Administration followed suit with its own "Emergency Airworthiness Directive" Friday afternoon. The inspections recommended within the next 20 days will affect about 680 engines globally, USA regulators said.

Most Shocking Stocks Movements: PayPal Holdings, Inc. (PYPL), Novo Nordisk A/S (NVO)
The total market cap for the stock is $95.86B while it has a PE ratio of 49.34, its price-to-earnings-growth ratio reads 7.32. Following the sale, the executive vice president now directly owns 39,405 shares in the company, valued at $1,675,500.60.

General Electric Company (GE) Beats Lowered Expectations, Shares Lift Higher
The firm has a market cap of $3,602.90, a PE ratio of 17.66, a price-to-earnings-growth ratio of 6.30 and a beta of 0.22. The stock of General Electric Company (NYSE:GE) has "Hold" rating given on Thursday, March 23 by BMO Capital Markets.

Take-Two Interactive (NASDAQ:TTWO) CEO Strauss Zelnick Sells 252197 Shares
The company reported $1.18 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.84 by $0.34. Also, Director Michael Sheresky sold 485 shares of the firm's stock in a transaction that occurred on Monday, February 13th.

Liverpool Can All But Seal Relegation for West Brom With Victory
Not only because Man United were not at their best, no it was because West Brom did really well. 31 goals in a 38-game season. West Brom are sitting on the cusp of a relegation which will give them an unwanted record.

Yashwant Sinha quits BJP, says will not do party politics now
He alleged that the government was happy that Parliament was not functioning because there was a no-confidence motion against it. Sinha claimed, "The government did not care that the Budget Session was being stalled".

Manny Pacquiao Has 'Couple More Fights' Before Retiring, Wants Vasyl Lomachenko Next
The 39 year old Pacquiao confirmed to reporters last week that his career "is not over yet." but is looking at his legacy. Modern boxing, modern names". "It's good money, but that's not why I'm fighting", he added.

Music fans ready for Record Store Day
What is Record Store Day? Some 82 percent of the album's sales in independent record shops over the a year ago were on vinyl. Linkin Park will unleash a special album, "One More Light", on Record Store Day, on individually numbered colored vinyl.