Michael Hill fined $169,000 over misleading extended warranty

By Jenny Ruth
Nov. 29 (BusinessDesk) - Michael Hill New Zealand has been fined $169,000 in the Wellington District Court following an investigation by the Commerce Commission into its extended warranty.
The regulator says the jewellery retailer admitted 12 charges that its Professional Care Plan failed to comply with the extended warranty disclosure requirements of the Fair Trading Act between May last year and May this year.
The care plan includes various services aimed at prolonging the life and maintaining the appearance of jeweller...
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