The chief of Australia’s competition watchdog, Rod Sims believes that the most hotly debated issue in competition law around the world is whether ex ante regulation of particular digital platforms is needed.
The ACCC said it has instituted separate proceedings in the Federal Court against each of Telstra, Optus, and TPG for making alleged false or misleading representations in their promotions of some 50Mbps and 100Mbps NBN plans, in breach of the Australian Consumer Law.
Australia’s electricity retailers and generators are prohibited from keeping consumer and small business electricity prices unnecessarily high when costs fall, under new guidelines issued by the competition regulator, the ACCC, aimed at protecting consumers and businesses from excessive electricity prices.
The ACCC has provided a second, conditional, interim authorisation for the Australian Banking Association (ABA) and banks to co-operate to provide supplementary relief packages for individuals and businesses affected by COVID-19.
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