We help provide effective regulation to protect, strengthen and supplement competitive market processes.
We regulate some infrastructure services. This includes in the telecommunications, energy and water markets.
We carry out monitoring in other markets where there is limited competition.
People in Australia rely on the market economy to provide positive outcomes and prosperity.
However, the market economy is not perfect. The wellbeing of consumers and others can be affected where there, or have been, a small number of suppliers providing the infrastructure.
When this happens, the ACCC plays a role. We provide effective regulation to protect, strengthen and supplement competitive market processes.
The ACCC has several regulatory functions in national infrastructure industries.
Our functions include to:
- determine the prices for some nationally significant infrastructure services, and the access terms and conditions
- monitor and enforce compliance with industry-specific laws for bulk water, energy and telecommunications
- track and report on the prices and quality of particular goods and services. This is to provide information about the effects of market conditions
- help stakeholders understand regulation structures and how infrastructure markets operate
- give advice when asked to by governments and policy agencies on regulation. This includes how efficient regulatory outcomes and competitive, well-functioning markets can be achieved.