Sector: Regulators

Restaurants avoid second serving

December 18, 2012 | 2 Comments

The Commonwealth Government is proposing to amend the Competition and Consumer Act 2010 and Competition and Consumer Regulations 2010 to exclude restaurant and café surcharges from the single pricing requirement in the Australian Consumer Law...

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Shedding light on the pre-assessment process

December 17, 2012 | 1 Comments

Since 2010, the ACCC has been conducting what it terms ‘pre-assessments’ of mergers. Pre-assessments refer to an assessment of a merger ‘on the papers’, as distinct to a substantive investigation of the merger under the...

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Growing the penalty pie

December 12, 2012 | 0 Comments

The value of a Commonwealth penalty unit is set to increase for the first time in 15 years.  Penalty units are used to determine the amount payable for criminal and civil penalties under a range...

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Reform has a new top dog

December 7, 2012 | 0 Comments

The new chairman of the Productivity Commission, Peter Harris, has an interesting road ahead of him with a number of early challenges.  Luckily, he’s no stranger to difficult reform. His career has spanned many sectors...

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Access All Areas

December 5, 2012 | 0 Comments

The Productivity Commission (PC) has commenced a 12 month inquiry into the National Access Regime. The Assistant Treasurer (David Bradbury) announced the commencement of the PC’s inquiry on 25 October 2012.  On 30 November, the...

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On 23 November 2012, the NZ Commerce Commission published its Enforcement Response Guidelines, describing how the NZCC enforces New Zealand’s fair trading, competition and credit contract laws. Read together with the NZCC’s Model Litigant Policy and Enforcement Criteria, the Guidelines...

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There’s no ACCCounting for penalties

November 20, 2012 | 1 Comments

The ACCC recently released its quarterly ACCCount update of its enforcement and other activities for the July-September 2012 quarter. Headline achievements for the quarter include: collecting over $6.8 million in court penalties in enforcement cases...

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After several years of debate, Hong Kong’s new Competition Ordinance was published in the official gazette in June this year.  The obligations contained in the Ordinance are outlined in terms that will be familiar to...

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Refinement of merger regime in Indonesia

October 18, 2012 | 1 Comments

On 2 October 2012, the Indonesian Competition Commission (KPPU) published new regulations addressing mergers and acquisitions.  Regulation No. 3 of 2012 further revises the KPPU’s 2010 merger review guidelines and Regulation No. 4 of 2012...

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Step-by-step

September 17, 2012 | 0 Comments

The UK OFT has published new guidance on the setting of penalties for competition law infringements, reflecting its experience of applying penalties and recent judgments, international developments and comments from public consultation. The most recent...

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