Posts tagged "accc"

The federal government has yet to commit to the reforms, but said Treasury would consult before potential legislative changes are introduced next year.

Creeping acquisitions are a key issue for small business, as the best hope of a lucrative payday is often when a big retailer like Woolworths buys them out.

Australia's competition watchdog has welcomed new legislation outlawing unfair contract terms, a long-awaited move advocates and lawmakers say is vital to stop large companies from exploiting the small businesses which supply them with goods and services.

The competition watchdog has rejected Virgin’s request for clearance to continue a five-year agreement with Alliance Aviation to jointly bid for fly-in fly-out contracts throughout the country.

Competition Minister Andrew Leigh will today use the 30th anniversary of the landmark Hilmer reforms to make his case for comprehensive competition reform in Australia.

On Tuesday, the ACCC attended the standing committee for economics for a review of the commission’s 2021 annual report. Here are four key takeaways from the session.

Australia's competition watchdog will soon "sweep" company websites for false or misleading claims about environmental sustainability, with penalties on the cards for serious breaches.

The Optus debacle has shone a light on business data storage, but the federal government must also consider its own data collection requirements, John Durie writes.

The ACCC has stepped up its war against bid rigging with a civil cartel case against national architects Ashton Raggatt McDougall for allegedly trying to fix a bid for Charles Darwin University in 2020.

Due to attacks by misinformed politicians and consumer advocates, service station owners are often viewed as evil capitalists who are becoming wealthy on the back of poor motorists. 

Penalties of $50 million for companies found to have engaged in anti-competitive behaviour could soon be a reality, as the federal government tables legislation that could drastically increase the risks of breaching competition and consumer law.

Next month’s budget will include $10.8 million to fund the inquiry, with government sources emphasising the probe would be very rigorous and operators would be put on the spot to explain high fees.