After the TGA Complaints Panel ruled on Power Balance bracelets last month, the promoters of Power Balance were asked to put up this disclaimer on their web sites. To no one’s surprise, they didn’t.
Now stepping in to take on Power Balance is a regulatory body with a little more grunt, the ACCC. Unlike the TGA, the ACCC can force business to act responsibly if they won’t do it voluntarily.
Power Balance Australia has given the ACCC a number of undertakings that include:
– not make any further claims to the effect that the products will improve the user’s balance, strength and flexibility.
– not, in conjunction with the products, make claims that “Power Balance is Performance Technology” or use the phrase “Performance Technology”.
– not make claims that Power Balance products are “designed to work with the body’s natural energy field”.
The company has 14 days to comply Read the rest of this entry »