This is the new MLex platform. Existing customers should continue to use the existing MLex platform until migrated.
For any queries, please contact Customer Services or your Account Manager. Dismiss

ACCC chief says Uber, other digital disruptors good for competition

( February 23, 2016, 08:14 GMT | Insight) -- Australia's antitrust chief has expressed great optimism about digital disruption in all its forms and specifically praised Uber for bringing competition back to the taxi industry, the Australian reports.Australia's antitrust chief has expressed great optimism about digital disruption in all its forms and specifically praised Uber for bringing competition back to the taxi industry, the Australian reports. At a lunch in Sydney, Australian Competition and Consumer Commission Chairman Rod Sims said "digital disruption is the most pro-competition thing to have in the country at the moment" and that hurdles faced by digital disruptors will eventually "sort itself out." Sims applauded companies such as Uber for managing to make the taxi industry more competitive almost "overnight," a feat policymakers have failed to achieve for the past 40 years, adding that it was a "beautiful thing" to see governments finding ways to legalize Uber despite tremendous pressure from the strong taxi lobby. ...

Prepare for tomorrow’s regulatory change, today

MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.


Know what others in the room don’t, with features including:

  • Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
  • Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
  • Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
  • Curated case files bringing together news, analysis and source documents in a single timeline

Experience MLex today with a 14-day free trial.

Start Free Trial

Already a subscriber? Click here to login

Related Sections