A PYMNTS Company

Australia: Quarterly report announces six-fold increase in ACCC fines

By  |  August 22, 2013

In its June 2013 quarterly report, the Australian Competition and Consumer Commission reviewed recent happenings for the watchdog, reporting a collection of more than $200,000 in fines and more than 50,000 complaints launched. The fines issued included a dozen for infringement notices and amounted to six times the value of the last quarter reports. The number of complaints issued were also up by 6 percent compared to the last quarter. In a statement, ACCC head Rod Sims says the report reflects the nation’s increasing familiarity with competition law.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    Full Content: Marketing Mag

    We’d love to be your preferred source for news.

    Please add us to your preferred sources list so our news, data and interviews show up in your feed. Thanks!

    Add as Preferred Source

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.