The Trade Practices Amendment (Australian Consumer Law) Act (No.1) 2010 and Trade Practices Amendment (Australian Consumer Law) Act (No.2) 2010 regulates anti-competitive practices.
The Australian Consumer Law (ACL) will apply the same way nationally and in each state and territory.
Anti-competitive practices include:
- price fixing where competitors agree to charge the same or similar prices
- market sharing which occurs when competitors agree to restrict territories, customers or business operators
- boycotts or actions taken by two or more competitors to prevent another from acquiring or receiving goods and services
- misuse of market power to damage or eliminate a competitor
- exclusive dealing where arrangements are made to restrict a business in purchasing or supplying goods or services
- refusal to supply goods or services
- resale price maintenance or the setting of minimum prices by suppliers to prevent businesses from discounting.
Breaches of the Act in these instances can result in penalties up to 10 million dollars.
For further information telephone ACCC on (08) 8213 3444 or visit the website at www.accc.gov.au
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Information on accessibility for the Office of Consumer and Business Affairs website can be viewed at: http://www.ocba.sa.gov.au/accessibility.html
Information on copyright for the Office of Consumer and Business Affairs website is provided on behalf of South Australia Central http://www.sacentral.sa.gov.au/site/page.cfm?u=60
Disclaimer
Information on the disclaimer for the Office of Consumer and Business Affairs website is provided on behalf of South Australia Central http://www.sacentral.sa.gov.au/site/page.cfm?u=61
Privacy
The South Australian Office of Consumer and Business Affairs (OCBA) is committed to protecting your privacy and the confidentiality of your personal information, consistent with the South Australian Government's Information Privacy Principles. If you would like to view the full privacy statement please visit: http://www.ocba.sa.gov.au/privacy.html
Webmaster
If you wish to provide feedback on the Office of Consumer and Business Affairs website please contact the Webmaster via email mailto:webmaster@agd.sa.gov.au
Accessibility
Information on accessibility for the Office of Consumer and Business Affairs website can be viewed at: http://www.ocba.sa.gov.au/accessibility.html
