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Unless that’s more than they made with their misleading pricing, that’s not really a punishment. Fines for companies need to be bigger or they’re not really deterred from shady behaviour.
From the article:
These tricky methods led to shoppers spending over $2 million AUD (about $1.3 million) on Dell monitors from August 2019 to December 2021, according to the ACCC.
So, yes, they were fined about five times more than their sales figures which was certainly more than their profits in those monitors.