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Are you in the ACCC's firing line?

Posted by Elizabeth Gore-Jones on 24 February 2017

The ACCC has today released its enforcement priorities for 2017.

The key priorities are:

1. misleading and deceptive conduct;

2. anti-competitive conduct; and

3. unfair contract terms affecting small business.

The Chairman of the ACCC, Mr Rod Sims, stated amongst other things:

(a) "Court action not only helps to sharpen businesses'  focus on what is and isn't acceptable under the law, but acts as a deterrent to others that may be tempted in a race to the bottom."

(b) cartel conduct has significant penalties which can be a deterrent.  He said "Unfortunately, I fear that only jail sentences for individuals in prominent companies will help to send the appropriate deterrence messages that cartels seriously damage competition and the economy as a whole."

Mr Sims also indicated the health and energy sectors would be of particular interest to the ACCC in 2017.

Source: ACCC Release number 17/17 24 February, 2017 "ACCC names key enforcement and compliance priorities for 2017"

Author: Elizabeth Gore-Jones
About: Elizabeth specialises in franchising law. She lectures at Bond University PLA in franchising, she sits on the Queensland Law Society Franchising Committee, she is a past member of the Women in Franchising committee and a past member of the Franchise Council of Australia.
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