321-330 of 359 results
ACCC's Enforcement and Compliance priorities for 2018
A number of industries and issues are in the spotlight following release of the ACCCs 2018 Enforcement and Compliance Priorities by ACCC Chairman Rod Sims on 20 February 2018 The financial services energy commercial construction and agriculture sectors will be a focus in 2018 as well as the ...
ACCC proposes default retail prices
A major recommendation in the ACCCs Retail Electricity Pricing Inquiry Final Report is to abolish standing offers and replace them with an obligation on retailers to supply at a price no higher than the level determined by the Australian Energy Regulator to be known as the default offer The ACCC ...
ACCC's recommendations for encouraging consumer engagement
The ACCC has identified consumer disengagement as a key issue of concern in the retail electricity market and formulated a number of proposals designed to encourage consumer engagement and switching as a way to drive competition We look at the key recommendations ...
Pseudo-investments and mobile apps - a new frontier for regulators
It is hardly surprising that the Australian Securities and Investments Commission ASIC has taken an interest in the mobile app market given that there has been an aggressive expansion into the mobile space by financial services providers ASIC has recently cracked down on web and mobile based OTC ...
ASIC's proposed competition objective
In its submission to the Financial System Inquiry the Australian Securities and Investments Commission has proposed the addition of a statutory objective to enable ASIC to consider the impact of its decision making on competition when exercising its statutory powers and functions This paper explores ...
Pricing and repeal of the carbon tax
The legislation that will repeal Australias carbon pricing scheme will also introduce some significant new prohibitions and confer some extensive enforcement and price monitoring powers on the Australian Competition and Consumer Commission to ensure that the repeal of the scheme is accompanied by a ...
Proposed mandatory access code for Australia's wheat export terminals
The Federal Government has released a draft mandatory port access code of conduct that would apply to all Australian bulk wheat export port terminals If implemented the code would replace the existing regulatory framework and the access undertakings approved by the ACCC for terminals operated by the ...
ACCC cartel action against Cryosite is a strong reminder of rules prohibiting 'gun jumping'
The Federal Court proceeding instituted by the ACCC against Cryosite Limited involving supposed cartel conduct alleging gun jumping in a merger. ...
Penalties ordered in ACCC cartel action against Cryosite are a strong reminder of rules prohibiting 'gun jumping'
The Federal Court has imposed civil penalties of 105 million on Cryosite Limited for engaging in cartel conduct case as result of 'gun jumping' in a merger. ...
ACCC brings first 'excessive surcharge' proceedings
The ACCC has instituted Federal Court proceedings against Europcar for allegedly imposing excessive payment surcharges on customers. This is the first court proceeding commenced by the ACCC under the new prohibition and serves as a reminder to businesses that card payment surcharges must be limited. ...