New Zealand competition regulator The Commerce Commission has joined competition, consumer protection, and economic regulators from across the Pacific to share intelligence, investigative techniques, and best practice in a newly formed initiative - the Pacific Island Network of Competition Consumer and Economic Regulators or PINCCER.
The Australian Government has ranked second among eight Asia Pacific economies on preparedness for Artificial Intelligence, trailing just behind Singapore, with a new report suggesting that Australia needs to take action on AI to gain competitive benefits in the Asia Pacific region.
The US-based global Information Technology and Innovation Foundation research and educational institute claims that joining the Information Technology Agreement — an international pact eliminating tariffs on hundreds of information and communications technology products — could boost the economies of developing countries by billions of dollars.