Business

Country of origin food labels sign

This sign can be printed and displayed by businesses to help inform their customers about the new Country of Origin Food Labelling Information Standard 2016.

Domain Name Corp and Domain Name Agency to pay $1.95 million in penalties

The Federal Court has ordered that Domain Corp Pty Ltd and Domain Name Agency Pty Ltd (also trading as Domain Name Register) pay combined penalties of $1.95 million for breaching the Australian Consumer Law.

From November 2015 to at least April 2017, the two Domain Companies sent out approximately 300,000 unsolicited notices to businesses, which looked like a renewal invoice for the business’s existing domain name. Instead, these notices were for the registration of a new domain name at a cost ranging from $249 to $275.

Update report

The Northern Australia Insurance Inquiry Update Report was released on 8 June 2018. The report provides preliminary observations about northern Australian insurance markets drawn from our public consultation and information gathered from insurers, and an overview of the current focus of our inquiry.

The terms of reference require interim reports be provided to the Treasurer by 30 November 2018 and 30 November 2019, with a final report by 30 November 2020.

Forums

A forum for journalists will be held on 15 August in Sydney. The ACCC hosted two public forums in May to discuss the impacts of digital platforms for consumers and advertisers (including small businesses).

ACCCount 1 January to 31 March 2018

ACCCount details the ACCC's activities in the enforcement of the Competition and Consumer Act 2010, merger reviews, compliance actions, adjudication issues, economic regulation and international involvement.

C&I users need affordable energy

ACCC Chairman Rod Sims delivered an address to the Energy Users Association of Australia’s (EUAA) 2018 National Conference today, highlighting the current state of Australia’s electricity and gas markets.

“In Australia, the matters surrounding energy are some of our defining economic challenges for the 21st century,” Mr Sims said.

Digital platforms inquiry submissions published

The ACCC has today published 57 submissions received from advertisers, consumers, digital platforms, journalists and media organisations as part of its digital platforms inquiry.

The submissions canvassed a wide range of issues, including the degree of market power held by the digital platforms, the digital advertising supply chain, and the use of news content by digital platforms, including Google and Facebook.