Opentopia Directory Encyclopedia Tools

ACN Inc.

Encyclopedia : A : AC : ACN : ACN Inc.



 

ACN Inc., is a private company headquartered in Farmington Hills, Michigan. It is a direct-selling company that specializes in re-selling telecommunications services. ACN, formerly known as American Communications Network, Inc., relies on multi-level-marketing (M-L-M) (or Network Marketing) for the source of its customers. ACN is a member of DSA (Direct Selling Association) and markets and provides services in 19 countries.

Legal issues

On November 15th, 2004, the Australian Competition and Consumer Commission (or ACCC), the Australian government agency responsible for matters of consumer protection, initiated proceedings against ACN's Australian operations on charges of operating as an illegal pyramid[link]. On March 23rd, 2005, Justice Selway found that ACN had induced their representatives to take part in an illegal pyramid scheme as defined in section 65AAC of the Trade Practices Act 1974. This ruling was overturned by the Full Federal Court on October 25th, 2005 [link]. The ACCC responded by applying to appeal to the High Court of Australia on November 21st [link]. As of the beginning of July 2006, the matter in ongoing.

ACN Markets

North America Europe Asia Pacific

History

External links

 


From Wikipedia, the Free Encyclopedia. Original article here. Support Wikipedia by contributing or donating.
All text is available under the terms of the GNU Free Documentation License See Wikipedia Copyrights for details.


Search Titles
0123456789
ABCDEFGHIJ
KLMNOPQRST
UVWXYZ?

E-mail this article to:

Personal Message: