Call Us Today 07 3087 3493
Home >  Blog >  Are you in the ACCC's firing line?

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.
Connect via: Twitter LinkedIn
Tags: Leases Business News Franchisee Franchisor

latest news

Franchisor Cops Court Penalties

Jan 10 2018
Amongst other things, the franchisor for the Pastacup franchise system and its director have been ordered to pay the following pecuniary penalties: 1. the franchisor is to pay $100,000; and 2. the franchisor's director is to pay $50...

Quick Question?

Liability limited by a scheme approved under professional standards legislation

Brisbane Office Address: Level 36, Riparian Plaza,
71 Eagle Street, Brisbane,
Queensland, Australia, 4001

Gold Coast Office Address: PO Box 428,
Queensland, Australia, 4210