Competition and Consumer Act 2010

NBN presents opportunities for future broadband competition

The multi technology mix NBN presents a unique opportunity for infrastructure-based broadband competition, Australian Competition and Consumer Commission Chairman Rod Sims said today.

Speaking at an industry event hosted by Comms Day and Communications Alliance in Sydney, Mr Sims said the ACCC supports the Vertigan Panel’s focus on the benefits of infrastructure-based competition.

“The ACCC has been a long-term advocate of efficient infrastructure-based competition as a means of delivering economic efficiency and benefits in the long-term interests of end users.”

ACCC urges egg industry to review free range claims

ACCC urges egg industry to review free range claims; also discusses national champions and advocates important changes to collective bagaining

The Australian Competition and Consumer Commission today called on egg industry participants to take heed of the recent Pirovic Enterprises Federal Court decision.

In September, the Federal Court handed down a $300,000 penalty against Pirovic after finding, by consent, that its 'free range' egg representations were false or misleading.

The future of competition policy and its implications for Australian agriculture

Addressing the Australian Farm Institute Conference in Melbourne, ACCC Chairman Rod Sims explains how Australian agriculture can benefit from better competition policy. Mr Sims comments on the 'national champions' argument and advocates important changes to collective bargaining. He also calls on the egg industry to review free range claims following a recent Federal Court decision.

ACCC takes action against Europcar for Alleged unfair contract terms and misleading conduct

The Australian Competition and Consumer Commission has instituted proceedings in the Federal Court of Australia against CLA Trading Pty Ltd, trading as Europcar Australia (Europcar), alleging that a number of terms in Europcar’s vehicle rental contracts are unfair, and that Europcar has engaged in misleading or deceptive conduct and made false or misleading representations regarding the liability cover provided to car hire customers.

The need to champion competition in Australia

Addressing the RBB Economics Conference in Sydney, Australian Competition and Consumer Commission Chairman Rod Sims backed economic reforms proposed by the Harper Review Panel.

“The Harper Review Panel has proposed reforms to the delivery of human services; cost-reflective road pricing; removing cabotage restrictions on coastal shipping; de-regulating trading hours recognising that internet trading never stops; and so on. These are important microeconomic reforms.”

The speech makes three vital points.

Bringing more economic perspectives to competition policy & law

ACCC Chairman Rod Sims delivers the keynote address to the RBB Economics Conference in Sydney. The speech makes three vital points. First, the once in 20 year review of competition policy is an opportunity to make a choice about section 46 (misuse of market power) of the Competition and Consumer Act. Second, the Harper Panel’s draft recommendations on extending the Act to cover more government activities is one of its most important proposals. Third, issues around competition advocacy and market studies need to be debated and decided in the context of the competition review.

ACCC issues ACCCount for September quarter 2014

The Australian Competition and Consumer Commission has published its September 2014 quarterly report, ACCCount, which highlights some of the agency’s key activities in mid-2014.

The agency has worked to support small business and fair trading, with proceedings launched against A Whistle (1979) Pty Ltd (trading as Electrodry) for alleged involvement in the posting of fake online testimonials.

Annual report highlights effective enforcement by ACCC

The Australian Competition and Consumer Commission’s annual report for 2013–14 shows the ACCC was involved in 53 proceedings relating to consumer protection enforcement, increased competition enforcement and sent strong deterrence messages by securing over $12 million in penalties and other remedies during the year.

ACCC Chairman Rod Sims highlighted the notable achievements, including strong court judgments, significant penalties and major regulatory decisions for the year.

ACCC to focus on sale of Queensland electricity assets

Electricity generation assets will be the Australian Competition and Consumer Commission’s focus when the privatisation of Queensland electricity assets is triggered.

In a speech to the Energy Users’ Association of Australia, ACCC Chairman Rod Sims said the Queensland generation sector is one of the most highly concentrated in Australia.

“The ACCC hopes that the Queensland government will use this opportunity to establish a competitive structure when privatising its generation assets.”

ACCC initial comments on Harper Review

The Australian Competition and Consumer Commission today provided some initial comments in response to the draft report of the Harper Competition Review.

At the University of South Australia’s Annual Competition and Consumer Workshop, ACCC Chairman Rod Sims supported the Panel’s focus on both opening as many sectors as possible up to the disciplines of competition, and getting the settings of the competition law right.

“The Harper Panel’s draft report identifies a considerable amount of micro economic reform,” Mr Sims said.