Authorising and notifying disclosure of pricing and other information 2012

The Competition and Consumer Act 2010 contains civil prohibitions against anti-competitive price signalling and information disclosures.

These provisions came into effect on 6 June 2012 and initially only apply to the banking sector.

The authorisation and notification provisions in the Act enable businesses to seek legal protection to engage in conduct that may otherwise breach these provisions where such conduct is in the public interest.

The purpose of this publication is to provide general guidance to businesses in preparing an application for authorisation or notification, and which regime may apply to their circumstances.