ACCC Archives - Page 10 of 28 - Consumers' Federation of Australia

27 November , 2023

Expansion of Digital Platforms Demonstrates “critical need for regulatory reform”

Digital platforms with significant market power can use practices like bundling or tying of products, pre-installation and default settings to limit customer choice or deter innovation from competitors.
“Australians increasingly use digital platforms for work, study and play and can benefit from their wide range of interconnected products and services. While the size and scale of digital platforms alone does not raise concern, there is a risk that this expansion may be driven by a desire from digital platforms to entrench or extend their market power,” Ms Cass-Gottlieb said.

23 November , 2023

Submissions Open for Consultation Paper on Merger Reform

A few days ago, on November 20th 2023 the Albanese Government’s Competition Taskforce released a Consultation Review on Australia’s laws and practices surrounding mergers. Below is information from the Treasury website on the consultation paper as well as how to make a submission and what to include. The Treasurer has also issued a media release on the consultation which is available here. Submissions for the merger consultation paper close on January 19th 2024.

22 November , 2023

Be Alert – ACCC Warns Consumers og Online Retail Impersonnation for the Black Friday Sales

Original media release by the ACCC (20/11/2023). Consumers are being warned to watch out for scam websites impersonating high-profile Australian retailers when shopping online this Black Friday, Cyber Monday sale weekend (24-27 November 2023). The National Anti-Scam Centre has detected a concerning increase in the number of reports of fake websites that look like genuine…

21 November , 2023

National Safety Notice Issued for Recalled LG Solar Batteries

Original media release by the ACCC (20/11/2023). Following a recommendation by the ACCC, the Assistant Treasurer, the Hon. Stephen Jones, has today issued a national safety warning notice to warn consumers of fire risks associated with recalled LG solar lithium-ion batteries which are installed in solar energy systems across the country. The safety warning notice was issued…

20 November , 2023

ACCC Welcomes Consults on Viva Energy’s Divestiture Proposal for OTR Acquisition

The proposed acquisition will combine the entities’ retail fuel, wholesale fuel and retail convenience and grocery offerings.

The ACCC invites submissions on the divestiture proposal by 27 November 2023.

7 November , 2023

New Pacific Network Formed to Promote Competitive Markets

[R]egulators from across the Pacific will share information, investigative techniques, and authority best practice, in a newly formed initiative to be called the Pacific Island Network of Competition Consumer and Economic Regulators or PINCCER.

3 November , 2023

ACCC Urges Consumers to Shop Around for NBN Deals, Retailers on Notice

“We are concerned where we see advertising by NBN retailers that suggests households need to be on 50 Mbps or even 100 Mbps plans to stream multiple shows at once, when a less expensive plan may be sufficient. Of course, some households may have a preference for the higher speed tiers, but we want to make sure that customers have clear and accurate information to guide their decisions.”
As a result of these changes, the maximum wholesale prices for some NBN speed tiers will initially reduce, including prices for the most affordable services, while some others will increase. For instance, the wholesale prices for the 100 Mbps and 25 Mbps speed tiers will initially decrease, while the wholesale price for the 50 Mbps speed tier will increase.

27 October , 2023

AFCA Publishes 2022-2023 Annual Review, Updates AFCA Datacube

From 1 July 2022 to 30 June 2023, AFCA received 96,987 complaints from consumers and small businesses – 34% more than the year before, and the most ever received by AFCA.

24 October , 2023

ACCC: Regulatory Regime for Mobile Tower Access “no longer fit for purpose”

The report outlines consistent concerns about patchy coverage, difficulties interpreting and comparing coverage maps, as well as concerns that already congested networks will get worse as demand for data continues to grow.

17 October , 2023

ACCC Accepts New NBN Regulation

“The NBN is a critical piece of national infrastructure that is central to Australia’s digital economy. Every day, millions of Australians use the NBN for work, commerce, education and entertainment,” ACCC Commissioner Anna Brakey said.
“We are satisfied that NBN Co’s latest SAU variation proposal promotes the long-term interests of Australians, which is the primary objective of the test that we have to apply,” Ms Brakey said.

13 October , 2023

ACCC Warns Caravan Industry Over Misleading Representations

The ACCC is putting the caravan industry on notice that the use of misleading representations in advertising is in breach of the Australian Consumer Law and may result in strong enforcement action being taken against retailers.

12 October , 2023

ACCC Issues PSA on Lithium-Ion Battery Safety

In more battery related news, the Australian Competition and Consumer Commission (ACCC) has issues a Public Service Announcement on the safe use and storage of lithium-ion batteries as part of a larger push to improve safety standards around Li-ion batteries and prevent potentially deadly and highly damaging fires.