Competition

Competition leads to lower prices, better quality products and services, and more choice for consumers.
To preserve the benefits of competition, the Competition and Consumer Act 2010 bans business behaviours that substantially damage competition.
Businesses can seek an exemption for potentially anti-competitive behaviour.

Competition and anti-competitive behaviour

The Competition and Consumer Act 2010 bans business behaviours that damage competition. Competition leads to lower prices, more choice and better products and services.

Cartels

It’s illegal for businesses to agree to act together in a cartel instead of competing.

Collective bargaining and collective boycotts

Competitors that join together to negotiate terms, conditions or prices with a supplier or customer need an exemption, or they risk breaking competition law.

Cooperation among businesses

It’s illegal for businesses to make contracts, arrangements or understandings, or engage in concerted practices that substantially lessen competition.