New Franchise Code: ACCC given more power to penalise
The Australian Competition and Consumer Commission (ACCC) now has further power to penalise business after the Coalition Government passed a new Franchising Code of Conduct.
The Australian Competition and Consumer Commission (ACCC) now has further power to penalise business after the Coalition Government passed a new Franchising Code of Conduct.
Major companies across a range of industries have warned against new laws that could hold them legally responsible for reducing competition and squeezing smaller competitors out of the market. The government commissioned competition inquiry headed by Ian Harper is reported to be seriously considering the inclusion of an effects test in section 46 of the […]
Don’t be fooled if a government agency or energy company calls up and offers a refund because of the carbon tax repeal. It’s very likely to be a scam.
Safety concerns have led to the recall of defective electrical cable, a move that is thought to impact an estimated 40,000 homes and business and cost tens of millions of dollars.
Celebrity chef Maggie Beer’s company – Maggie Beer Products Pty Ltd – has been reprimanded by the consumer watchdog for falsely representing a number of gourmet products as having been manufactured in South Australia, when they were in fact made in Queensland.
The government has moved to introduce fines for businesses that breach the soon to be updated Franchising Code of Conduct and reduce costly disputes in the sector. A bill introduced into the lower house last week strengthens the enforcement of the code and hands new powers to the competition watchdog. The code is currently being […]
The competition watchdog has put business on notice, warning it will take enforcement action if cost savings linked to the government’s carbon tax repeal are not passed on.
Woolworths thought they would try their hand at something others had never been brazen enough to try; installing a ‘voluntary levy’ on fruit and veg growers to pay for their costly marketing blitz.
Supermarket giant Coles has fanned further suspicion over whether it threatened suppliers into funding a new supply chain program through additional costs and ongoing rebates.
Woolworths’ use of a “voluntary levy” to help fund its marketing campaign featuring celebrity chef Jamie Oliver has been labeled as “very unusual” by a leading competition lawyer.