WebOct 11, 2024 · Current merger regime not “fit for purpose” – ACCC Chair, Rod Sims. In his speech at the Law Council of Australia’s Competition and Consumer Workshop in August 2024, Rod Sims identified four key reasons why the current merger regime is failing to protect competition and is “out of step” with other countries: Web1 day ago · ACCC boss calls for mandatory, suspensory merger regime. Charles McConnell. 12 April 2024. Print article. Australia’s merger regime is “no longer fit for …
ACCC announces its proposal for merger law reform in …
WebFit for Purpose. definition. Fit for Purpose. ’ means a construction related product or system ’s ability to be consistently developed, manufactured, applied and installed such … Webthat the ACCC must meet to establish breaches, any borderline claims or higher risk products should be reviewed; • compensation orders for non-party consumers – when exercised, this is a powerful remedy for the ACCC to address any systemic breaches, in particular if sought in a class action, as while individual breaches may be of low value, dictionary delated birthday
The role of the ACCC and competition in a transitioning economy …
WebWhile there have been changes in the legal framework, most notably in 2010 to strengthen the ACCC’s powers in setting upfront terms of access, 5 the broad legal framework has … WebFeb 23, 2024 · The goods are fit for the purpose you have advertised and any purpose the customer made known before purchasing. ... If you do not offer a complying remedy, the customer may choose to report their complaint to the ACCC or their local consumer protection agency. Alternatively, the consumer may take the matter to the local small … WebWhile there have been changes in the legal framework, most notably in 2010 to strengthen the ACCC’s powers in setting upfront terms of access, 5 the broad legal framework has shown to be fit for purpose. The ACCC noted that, to a large extent, the regulatory regime for communications has to date been one of up-front economic regulation. dictionary deity