January 4th, 2011, 10:59 AM
Power Balance admits false claims
The Australian government has cracked down on Power Balance, forced them to post that there is no credible scientific evidence that supports their claims, and to offer a full refund.
January 4th, 2011, 11:08 AM
Now that's some Australian government action I can actually get behind. Unfortunately I don't imagine it will have much effect of worldwide sales, unless it somehow gets more press. The Daily Mail seems to be the biggest outlet carrying the story so far.
January 4th, 2011, 12:01 PM
They (and their distributors) were also fined €350,000 ($465,000) in Italy for misleading advertising.
Did to not seem to impact them too much. People want to believe.