The communications and telecommunications sector, including major telcos like Telstra, was under the glare of the spotlight of the competition watchdog, the ACCC, in the 2017-2018 financial year, when it secured nearly $170 million in penalties for breaches of competition and consumer laws.

Published in Technology Regulation

ACCC chair Rod Sims says the competition regulator is well placed to take enforcement action on data issues, but has warned of the possibility of a reduction in competition in some instances in “fast moving” digital markets.

Published in Technology Regulation

Australia’s largest consumer credit reporting agency Equifax Information Services and Solutions is to pay penalties totalling $3.5 million for misleading and deceptive conduct and unconscionable conduct in relation to credit report services.

Published in Strategy

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