A business cannot price “too low” or it breaks the law, but undercutting competitors is not necessarily illegal.
It's time that Australians debated the objective of our competition law. It shouldn't just be left to the courts.
Volkswagen has paid a record settlement in the US.
Fresh from a record US$15 billion settlement, Volkswagen is resisting paying compensation in other countries.
There is no single regulatory regime governing the fitting of hearing aids.
Audiology services are government registered for many – such as for children up to the age of 26 and veterans. But many fall through the cracks and rely on the self-regulation of the industry.
New rules around what merchants can charge for use of credit or debit cards may be difficult to police.
The RBA has revised regulations on how much merchants can charge for using a credit or debit card which might make the practise more common.
Various scandals have forced the major parties in this election campaign to tackle policy on business and finance regulation.
How would each of the major parties better regulate the finance and business sectors?
Some people are still confused over what is paid or sponsored content in a typical Google search.
Most Australians do not understand how the Google search engine works and what is paid or free content in any search results.
Eggs cartons will need to show stocking density on the carton.
Egg image from www.shutterstock.com
New standards for free-range eggs will limit stocking densities and mean hens must have access to outdoors.
Woolworths is being pursued by the corporate regulator for its treatment of smaller suppliers.
Unconscionable conduct by (mainly big) business has been notoriously tricky to prove. Could a change in legal wording help?
Jetstar’s website was found to be misleading and deceptive.
Those annoying fees at the end of your online booking? They should be disclosed early.
There are a number of overlooked recommendations within the Harper competition review that would help small business.
AAP/ames Morgan Photography, James Morgan
Ian Harper made a bunch of less glamourous but very useful recommendations in his competition review, that deserve not to be overshadowed.
lronically, some of the very systems that make franchises attractive appear to have led to labour standards abuses at 7-Eleven.
Revelations of underpaying by 7-Eleven franchises add to evidence that some franchises are prone to abuses. But why?
The Reserve Bank regulates interchange fees - the credit card fees paid by merchants - but why?
Image sourced from www.shutterstock.com
RBA has no comparative advantage or good reason to regulate the Payments System. Australia already has a specialist agency to regulate industry – the ACCC.
Despite the dominance of Coles and Woolworths, consumers are still choosing to buy their fresh food at local fruit and vegetable shops and farmers’ markets.
Coles and Woolworths' representation of "fresh" and "local" food reflects heightened interest among consumers about these values. But they also contributes to concerns about the supply chain.
Between then, Rupert and Lachlan Murdoch have significant media holdings.
Fear of a Foxtel-Ten partnership to acquire sporting rights is likely to worry the ACCC.
The Nationals – of whom Agriculture Minister Barnaby Joyce is deputy leader – have been agitated at the strong power of Coles and Woolworths to beat down prices of suppliers.
Farmers will get some extra help in the battle against the supermarket chains in the government's long-awaited White Paper on Agricultural Competitiveness released on Saturday.
The Port of Melbourne Corporation is reportedly seeking to increase rents to container stevedore DP World, by 700%.
Political and commercial posturing has made the outcome of a number of Australian port privatisations uncertain.
ACCC chairman Rod Sims is among those advocating a so-called ‘effects test’ to determine whether market power has been misused.
Both big and small business have much at stake in competition policy reform, but they need to move on from simplistic arguments about misuse of market power.
Despite the earnings of airports like Sydney going up, service quality has not.
The case for the ACCC to regulate airports has not been properly made, particularly given other proposals haven't been given a chance to work.
Economist Ian Harper has delivered the final report in the most comprehensive review of competition law and policy in more than 20 years.
The removal of restrictions on retail trading hours, pharmacies and parallel imports, and a controversial “effects test” on existing misuse of market power rules are among the many recommendations contained…
Coles has admitted it acted unconscionably towards suppliers, and a new code of conduct may not be enough to clean up the industry.
Coles and Woolworths spent much of 2014 defending their behaviour in court. The Australian Competition and Consumer Commission (ACCC) brought several actions against one or both of them throughout the…