LATEST NEWS
Expansion of Unfair Contract Terms and Up to $50 Million Penalties to Apply
Australian Furniture Association (AFA) CEO Ms Patrizia Torelli, supports the ACCC’s announcement that companies that breach the competition and consumer laws could face new and higher penalties under legal changes that were recently passed in Parliament. The changes...
Multi-Billion Dollar Public Sector Procurement Embroiled in Alleged Cartel Conduct for Australian University Project
Public sector procurement is a multi-billion-dollar sector. It makes a vital contribution to the Australian economy and the welfare of Australians, who have the right to expect competitive bidding for these projects, resulting in value for money,” says ACCC Chair, Ms...
ACCC to Focus Online Surveillance for Product Safety
The ACCC is strengthening product safety online, with a focus on expanding participation in the Australian Product Safety Pledge, online surveillance and contributing to greater consistency of international practice.
ACCC seeks to reduce infant sleep product risks to help keep babies safe
The ACCC is seeking feedback on ways to reduce significant safety risks associated with products commonly used to place babies to sleep…
What ACCC Report on Energy Enquiry Means to Industry
The ACCC has produced a report as part of its inquiry into the prices, profits and margins in the supply of electricity in the National Electricity Market (NEM).
Venue operators face increased litigation due to furniture related injuries.
Venue operators face increased litigation due to furniture related injuries. The AFA continues to assist a number of furniture industry businesses to manage litigious situations. The increase in insurance claims is due to the lack of understanding by venue operators...
The Australian Competition and Consumer Commission (ACCC) is an independent Commonwealth statutory authority whose role is to enforce the Competition and Consumer Act 2010 and a range of additional legislation, promoting competition, fair trading and regulating national infrastructure for the benefit of all Australians. The ACCC’s purpose is to make markets work for consumers, now and in the future. The role of the ACCC is to protect, strengthen and supplement the way competition works in Australian markets and industries to improve the efficiency of the economy and to increase the welfare of Australians.
The ACCC will take action where this improves consumer welfare, protects competition or stops conduct that is anti-competitive or harmful to consumers, and promotes the proper functioning of Australian markets.
The ACCC priorities are reflected in four key goals:
- maintain and promote competition and remedy market failure
- protect the interests and safety of consumers and support fair trading in markets
- promote the economically efficient operation of, use of and investment in monopoly infrastructure
- increase our engagement with the broad range of groups affected by what we do.
Visit the ACCC site HERE.