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The ACCC is closely watching global anti-trust efforts focusing on major digital platforms, including the US Department of Justice’s recent case against Google and proposed new competition laws in Europe. Quad bike safety investigation. Button battery safety investigation. The ACCC has received budgetary boosts in several areas and has established several dedicated and well-resourced units to focus on specific issues – particularly an ‘SLC unit’ to pursue cases under the revised misuse of market power and new concerted practices prohibitions, a Financial Services Competition Branch to complement the ACCC’s market studies work in the sector, and a Commercial Construction Unit. Have you decided it’s time to make your own wellbeing a priority? We promote competition and fair trading and regulate national infrastructure to make markets work for everyone. media@newsco.org, ACCC Chairman discusses current priorities, The Rise in Popularity of Online Education: A Guide, Trump's Pennsylvania lawsuits invoke Bush v. 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For example, the ICAC may determine that it is in the public interest to hold a public inquiry as part of an investigation. Innovation Holdings acquired its current interest in iSelect without prior consultation with the ACCC. Today, there are great tools, ideas, and hardware to help you set up terrific swing sets in your backyard. 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Mr Sims intends that the ACCC will continue its prominent role in advocating for reforms to broaden the reach of competition and consumer laws and other competition policy issues. The ICAC only discloses current investigations activity where this is in the public interest. In his speech, Mr Sims traversed issues including levels of trust in market economies and the ACCC’s role in reining-in corporate profit motives. An effective investigation requires a methodical, structured approach to information gathering, collation and analysis. It does not constitute legal advice and should not be relied upon as such. ACCC Chair Rod Sims this week outlined the Australian Competition and Consumer Commission’s (ACCC) Enforcement and Compliance Priorities for 2019. The purpose of the Act is to enhance the welfare of Australians by: 1. promoting competition among business 2. promoting fair trading by business 3. prote… https://newsco.org - All public inquiries are advertised, with a public hearing … The Australian Competition and Consumer Commission (ACCC) is Australia’s peak consumer protection and competition agency. 2019 promises to be a busy year for the ACCC, and the domestic and international corporates doing business in Australia under its watch. In addition to the perennial targets – cartel conduct, anti-competitive conduct, product safety, vulnerable and disadvantaged consumers and conduct affecting Indigenous Australians – the following sectors or business activities are in the ACCC’s crosshairs in 2019: The ACCC has a number of market studies running and will continue monitoring areas such as wine grape production, foreign exchange fees, insurance in Northern Australia, and electricity markets. ACCC Chair, Rod Sims, said in a press release: In-Depth Investigations will usually be commenced and completed within a 12 month period. Regardless, you might have questions…, Journalists, like these Associated Press staffers, have always worked hard to report election results quickly – and accurately.AP PhotoAs election night approaches, Americans will turn to their …, The discovery of effective drugs and experience treating COVID-19 gives patients a much better chance at recovery today than early on in the pandemic.AP Photo/Kirsty Wigglesworth, poolCC BY-NDTwo larg…, NEWS Pronto by NEWS CO We also maintain some voluntary public registers in the public interest. The latest information on the rights and obligations of businesses in response to events caused by the COVID-19 pandemic. First instance (public cases: civil) In 2017, the ACCC formed a taskforce to investigate and determine whether to recommend to the Assistant Treasurer that a mandatory safety standard for quad bikes be made under the Australian Consumer Law (ACL). Proposition 22 reverses a 2019 state law.AP Photo/Richard VogelUber, TaskRabbit and other ride-hailing and delivery service companies in California can keep classifying their workers as independent co…, Among the maneuvers that a driver has to perform, overtaking is one of the most dangerous. "The ACCC has around 80 in-depth investigations underway, of which, virtually all are confidential," Mr Sims said. This can be an amazing bonding experience to have with your loved one. It’s a great choice to make, a…, A STS-134 crew member on the space shuttle Endeavour took this photo of the ISS after the station and shuttle began their separation.NASAOn Nov. 2, 2020, the International Space Station celebrated its…, From gummies and brownies to lotions and creams, there are countless different CBD products to choose from. Working with all stakeholders, we strive to ensure compliance, transparency and fair outcomes. The ACCC is investigating acquisitions by Innovation Holdings Australia Pty Ltd. that would provide it with approximately 35 per cent of the shares of iSelect Limited (ASX: ISU). She wrote that she felt “grieved,” and explained why. Current cases and recent decisions (where ACCC, ACT or CDPP is a party) and select private actions Federal Law Search. Not only that, but there are also several types of CBD. Mr Sims also reflected on whether the bar for establishing a substantial lessening of competition is set too high and in particular too much weight is placed on market forces (e.g. It came into effect yesterday (2 September 2020). Not only that but sometimes they involve their kids in the as well. In relation to mergers, his view is that there is a “current bias to excessive consolidation” and strongly signalled that the ACCC will respond sceptically to arguments related to national champions, investment incentives and economies of scale which “contradict the benefit of competition”. The ACCC continues to advocate for a penalty regime for unfair terms in standard form contracts and consideration of a general ‘unfair practices’ prohibition to close perceived gaps between existing provisions voiding unfair contract terms and prohibiting unconscionable conduct. Commercial construction. "This is the first time an individual has been charged with inciting the obstruction of a Commonwealth public official in relation to an ACCC investigation," ACCC Chair Rod Sims said.

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