Power Balance is the original brand of hologram bracelets claimed by its manufacturers and vendors to use "holographic technology" to "resonate with and respond to the natural energy field of the body" to increase athletic performance. Numerous independent studies of the device have found it to be no more effective than a placebo for enhancing athletic performance. As a result, in 2010, the Australian distributor, Power Balance Australia Pty Ltd, was forced by the Australian Competition & Consumer Commission (ACCC) to retract any previous claims.
A Power Balance wrist band
IIG testing Power Balance in progress, Oct 28, 2010
Former US president Bill Clinton was reported to wear a Power Balance Power Band.
Australian Competition and Consumer Commission
The Australian Competition and Consumer Commission (ACCC) is the chief competition regulator of the Government of Australia, located within the Department of the Treasury. It was established in 1995 with the amalgamation of the Australian Trade Practices Commission and the Prices Surveillance Authority to administer the Trade Practices Act 1974, which was renamed the Competition and Consumer Act 2010 on 1 January 2011. The ACCC's mandate is to protect consumer rights and business rights and obligations, to perform industry regulation and price monitoring, and to prevent illegal anti-competitive behaviour.
Senator, Attorney-General and High Court Justice Lionel Murphy