Regulatory approach to price notifications

The ACCC has responsibility for assessing price notifications under Division 4 of Part VIIA of the Trade Practices Act 1974 (known as the Competition and Consumer Act 2010 from 1 January 2010). The ACCC's preferred approach to undertaking a price notification assessment is outlined in the statement attached below. This statement was updated in June 2009 and draws on the ACCC's experience in assessing price notifications.