A PYMNTS Company

Australia: Industries want to obey rules and be left alone

By  |  February 15, 2013

According to analysts, a few of Australia’s major industries might have a sole motivation to obey antitrust law: keeping the Australian Competition and Consumer Commission off their backs and out of their way. Reports say the food, grocery and retail industries are planning an Easter conference to discuss how to legally abide by ACCC rules. A code of conduct is reportedly in the works as well, though analysts are concerned that it could possibly serve as an “opt-out” for those under it; there is also speculation and skepticism among experts as to how strong its enforcement will be. The ACCC recently spearheaded a major investigation and crackdown into supermarket giants.

    Get the Full Story

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

    Subscribe 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.

     

    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

    Full Content: The Australian

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