The Australian Competition Authority announces its compliance and enforcement policy and priorities for 2020
Beliefs in markets and consumer protection guide the ACCC's investigations and enforcement actions
At an event hosted by the Committee for Economic Development of Australia in Sydney on Tuesday, Rod Sims, Chairman of the Australian Competition and Consumer Commission (ACCC), announced the ACCC's enforcement priorities for 2020. In opening, Mr Sims stressed that the ACCC's approach is informed by its belief in markets, but that it will intervene as necessary where it considers that markets are not effective or consumers may be harmed.
In particular, Mr Sims noted that the ACCC will continue to prioritise actions to prevent cartels, anti-competitive conduct and misleading and deceptive conduct, noting that such conduct causes the most detriment to consumers and that there are commercial
Access to this article is restricted to subscribers
Already Subscribed? Sign-in