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Articles on ACCC

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A new report concludes companies like Facebook – headed up by Mark Zuckerberg – should not be allowed to consider themselves ahead of and beyond the law. Stephanie Lecoq /AAP

The law is closing in on Facebook and the ‘digital gangsters’

Are you annoyed at Facebook? You’re not alone – and momentum is growing across the world to use regulation and the law to rein in the behaviours of this and other digital platforms.
ACCC Chair Rod Sims released the preliminary report of the Digital Platforms Inquiry into Google, Facebook and Australian media on December 10 2018. Peter Rae/AAP

ACCC wants to curb digital platform power – but enforcement is tricky

The ACCC would like closer scrutiny of digital platforms such as Facebook and Google – in particular with regards to user privacy, market power and operational algorithms.
First appointed by Labor and now twice reappointed by the Coalition, Rod Sims has been unafraid to use the law. David Moir/AAP

Uncomfortable comparisons. Why Rod Sims broke the ACCC record

Compare the ACCC to ASIC and it’s clear why Rod Sims has been reappointed to a record third term as Australia’s top competition and consumer cop.
The government is now firmly focused on lowering household power bills. AAP Image/Julian Smith

Capping electricity prices: a quick fix with hidden risks

Australians are angry about electricity prices and both the federal government and opposition are proposing to cap them. Will this approach work, and what are the risks?
Our likelihood of falling victim to catfish scams is increasing along with our screen time. Shutterstock

It’s not about money: we asked catfish why they trick people online

As younger generations spend more time interacting with people online and less time in real life, they are more likely to experience catfishing – both as victims and instigators.
From the first hearings of the royal commission, the senior counsel assisting, Rowena Orr QC, laid bare the toxic culture behind many consumer lending practices. Eddie Jim/AAP

Restructuring alone won’t clean up the banks’ act

Restructuring might help manage conflicts of interest between offering advice and selling products, but it doesn’t fix the culture that sacrifices customers’ interests to the pursuit of profits.
The ACCC backs the Turnbull government’s push for its National Energy Guarantee, calling on other governments to commit to it. Darren England/AAP

Consumers let down badly by electricity market: ACCC report

The ACCC says the electricity market is facing its most challenging time, with the present situation being unacceptable and unsustainable.

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