The climate is now right for Australia to embark on a third wave of competition and consumer policy law reform, ACCC Chairman, Mr Graeme Samuel, said today. The proposed reforms already foreshadowed to the Trade Practices Act 1974, include changes to the misuse of market power and predatory pricing provisions, legislating against so-called creeping acquisitions, the introduction of criminal sanctions for cartel conduct and reforms to the whole framework of consumer protection. Mr Samuel said... ...Read more »