Competition and Consumer Act 2010

ACCC begins criminal prosecution against Michael Anthony Boyle for allegedly providing false or misleading evidence

The Australian Competition and Consumer Commission has begun criminal proceedings in the Federal Court in Brisbane against Mr Michael Anthony Boyle for allegedly providing false or misleading evidence in the course of the investigation into Sensaslim Australia Pty Ltd (Sensaslim).

In 2011 the ACCC issued a notice under section 155 of the Competition and Consumer Act 2010 requiring Mr Boyle to appear before the Commission to give evidence.

Enhancing competition policy

ACCC Chairman Rod Sims addresses the Law Council of Australia, Competition & Consumer Committee Annual General Meeting in Brisbane. Mr Sims discusses gaps in the law which can damage economic efficiency and also do not reflect international best practice. He also covers merger policy, and the re-emergence of the 'national champions' argument and briefly comments on institutional issues.

Our economy needs more competition on its merits

Australian Competition and Consumer Commission Chairman Rod Sims today called for a strong competition policy in Australia to drive economic efficiency and performance.

In an address to the Law Council of Australia’s Competition and Consumer Committee’s AGM, Mr Sims said that a strong competition policy requires two things.

First, it must expose as many sectors as possible to competition and appropriate incentives, including pricing.

Updated Immunity Policy to uncover cartel conduct

The Australian Competition and Consumer Commission has published its updated Immunity and Cooperation Policy for Cartel Conduct.

“Due to the difficulty in detecting cartels and the damage that cartels cause to competitors and consumers, identifying and prosecuting cartel conduct is an enduring priority for the commission,” ACCC Chairman Rod Sims said.

“This immunity policy and the threat of civil and criminal penalties are fundamental to the effective discovery and disruption of cartel conduct.”

Mobil undertakes to not subscribe to petrol price information sharing services

The Australian Competition and Consumer Commission has accepted a court enforceable undertaking from Mobil Oil Australia Pty Ltd (Mobil), in which Mobil agrees that it will not subscribe to the retail petrol price information exchange service supplied by Informed Sources (Australia) Pty Ltd (the Informed Sources service) for the next five years.

Mobil has also undertaken not to subscribe to any similar electronic retail petrol price information exchange services where subscribers:

    ACCC takes action against Informed Sources and petrol retailers for price information sharing

    The Australian Competition and Consumer Commission has instituted proceedings in the Federal Court of Australia against Informed Sources (Australia) Pty Ltd (Informed Sources) and several petrol retailers alleging that they contravened section 45 of the Competition and Consumer Act 2010 (the Act).

    ACCC takes action against Bet365 online betting agency for alleged misleading 'Free' and 'Bonus' offers

    The Australian Competition and Consumer Commission has instituted proceedings in the Federal Court of Australia against three Bet365 Group companies (collectively Bet365) alleging that Bet365 made misleading representations in breach of the Australian Consumer Law in relation to offers of ‘free bets’ and ‘deposit bonus to new customers who joined up online.

    ACCC releases June 2014 quarterly report

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

    The ACCC made a formal submission to the Harper review in June 2014. Key elements of the submission included the importance of effective competition laws, key recommendations relating to the misuse of market power provisions and so-called "price signalling' provisions, and an emphasis on governments establishing the processes and institutions that foster competition and sustain the commitment to reform.

    Regulatory experts tackle tough questions on efficient infrastructure

    More efficient use of, and investment in, infrastructure is essential to improve national productivity, Australian Competition and Consumer Commission Chairman Rod Sims said today at the ACCC / AER Regulatory Conference in Brisbane.

    “It is clear that recently in Australia some poor infrastructure investment decisions, by commission and omission, have harmed national productivity.”

    Mr Sims said the annual conference is set to examine regulatory challenges and tackle questions about efficient infrastructure outcomes.