Reform

With Federal Parliament already considering increases to the maximum pecuniary penalties for non-compliance with certain sections of the Australia Consumer Law (ACL) (see our article here), a Bill to implement other changes to ACL was...

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ACCC resolves to re-think its approach to penalties based on OECD report finding that average Australian penalties are substantially lower than those imposed in comparable jurisdictions for breaches of competition law...

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With housing affordability remaining a persistent headline issue, and following sustained regulatory scrutiny into Australia’s financial system generally, the ACCC’s preliminary findings on the pricing of residential mortgage products have been highly anticipated by borrowers...

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February was a frenetic month: the ACCC released its 2018 priorities, two Bills on the ACL were released and the Productivity Commission released its draft report on competition in the Australian Financial System....

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Blocking geo-blocking

December 22, 2017 | 0 Comments

New European regulations prohibiting geo-blocking conduct to be introduced in online shopping in 2018. Will it chip at the road block in Australia?...

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The ACCC commenced its inquiry into digital platforms on 4 December 2017 and is required to publish a preliminary report in early December 2018. In this post, we provide an overview of the context...

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The Australian Competition Tribunal has authorised the Tabcorp-Tatts merger for the second time. Can the new merger authorisation regime be used to achieve timing certainty?...

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Competition law reforms take effect

November 7, 2017 | 0 Comments

After four years of consultation and debate, some of the most significant reforms to Australia’s competition laws came into effect yesterday....

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It seems that Fair Trading/Consumer Affairs Ministers across the country have put aside their political differences to reach agreement on recommended changes to the Australian Consumer Law (ACL). The Commonwealth, State, Territory and New Zealand...

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Misuse of Market Power Bill passes but held

August 22, 2017 | 0 Comments

The Bill passes Parliament On 15 August 2017, the Competition and Consumer Amendment (Misuse of Market Power) Bill 2017 finally passed both Houses. The Bill contains much-debated amendments to s 46 of the Competition and...

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