Apple fails to reach agreement with Australian Competition regulator

Apple failed in a mediation session on Monday (16 April 2012) to reach agreement with Australia's competition regulator on remedies for allegedly misleading consumers about the 4G capabilities of its latest iPad.

The Australian Competition and Consumer Commission (ACCC) took Apple to the Federal Court in Melbourne on March 28 for allegedly violating sections of the Australian Consumer Law.

The ACCC claims that Apple's iPad advertisements mislead the public over the device's 4G capabilities, as the latest iPad is not compatible with Australia's sole 4G network, which is run by Telstra.

Apple has agreed to some but not all of the ACCC's remedies. Last month, Apple agreed to refund unhappy customers and to display an advisory in stores and promotional material reading "This product supports very fast cellular networks. It is not compatible with current Australian 4G LTE networks and WiMAX Networks."

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