International activities

ACCC receives international competition advocacy award

The ACCC has received an award from the International Competition Network and World Bank Group for its work to improve competition in the Australian dairy industry, which involved an inquiry into competition in the sector, and subsequent recommendation of a mandatory code. The dairy inquiry was completed in April 2018.

The annual contest recognises the role that competition agencies and government departments play in promoting competition and its benefits through activities other than enforcement action.

Merger control framework shapes our society

Competition authorities around the world must work together to meet significant and evolving challenges in global markets, and consider whether traditional approaches to assessing mergers remained fit for purpose, ACCC Chair Rod Sims said tonight.

Mr Sims, speaking at a gala dinner in Melbourne for the International Competition Network’s merger workshop, said the meteoric expansion of large digital platforms, much driven by acquisitions, was one of many challenges confronting global competition authorities.

International competition regulators sign new competition framework

The ACCC has joined the International Competition Network’s ‘Framework on Competition Agency Procedures’ (CAP) alongside more than 60 other global agencies.

The CAP provides a multilateral framework that promotes procedural fairness in relation to the way regulators conduct competition investigations and enforcement.

“This framework promotes cooperation and the exchange of experience between competition authorities around the world on the important issue of procedural fairness,” ACCC Chair Rod Sims said. 

2018 compliance & enforcement priorities

In his annual CEDA address, Chairman Rod Sims launched the ACCC's 2018 Compliance and Enforcement policy. This year, the ACCC will focus on consumer issues in broadband services and energy, competition in the financial services and commercial construction sectors, systemic consumer guarantee issues, and conduct that may contravene the new misuse of market power and concerted practices provisions.

Regulatory Observer - issue 65

In this issue:

  • ACCC Chairman sets out failings of price monitoring
  • International regulatory round-up
  • Australian regulatory round-up.