Search results
Results from the WOW.Com Content Network
It identifies and corrects practices causing market impediments and distortions through competition law (also known as antitrust law). [1] In general it is a government agency , typically a statutory authority , sometimes called an economic regulator , that regulates and enforces competition laws and may sometimes also enforce consumer ...
The ACCC administers the Competition and Consumer Act, and has standing to take action in the Federal Court of Australia to enforce its provision. [8] The Competition and Consumer Act contains a broad range of provisions, such as provisions on anti-competitive conduct, the Australian Consumer Law and regulation of telecommunications and energy industries. [9]
In 1990, the then Labor Treasurer Paul Keating adopted a policy, originally called "six pillars" — which covered the big four banks (Commonwealth Bank, Westpac, National Australia Bank, Australia & New Zealand Banking Group and two insurers (AMP and National Mutual) — that further mergers of these institutions would be rejected.
It is also known as antitrust law (or just antitrust [4]), anti-monopoly law, [1] and trade practices law; the act of pushing for antitrust measures or attacking monopolistic companies (known as trusts) is commonly known as trust busting. [5] The history of competition law reaches back to the Roman Empire.
Main page; Contents; Current events; Random article; About Wikipedia; Contact us; Donate
Australia's competition regulator onThursday raised initial concerns over Aon's $30 billionbid for Willis Towers Watson to create the world'slargest insurance broker, close on the heels of a ...
(Reuters) -The U.S. Justice Department and the Federal Trade Commission have reached a deal that clears the way for potential antitrust investigations into the dominant roles that Microsoft ...
The Australia and New Zealand Banking Group Limited, commonly known as ANZ Bank, is a multinational banking and financial services company headquartered in Melbourne, Victoria, Australia. It is Australia's second-largest bank by assets and fourth-largest bank by market capitalisation .