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

Prices should be monitored, price gouging should be banned, Australian union study says

( February 7, 2024, 06:09 GMT | Official Statement) -- MLex Summary: Limited competition in Australian retail markets is pushing up prices and harming consumers, a new study has suggested. A report into price gouging and unfair pricing practices commissioned by the Australian Council of Trade Unions has recommended that the Australian government establish a commission on competition and prices to review government and other restrictions on competition and high prices caused by a lack of competition in the sector. The study, authored by former Australian Competition & Consumer Commission Chair Allan Fels, has also called for competition laws to be changed to make it an offense to charge excessive prices.The full ACTU study is attached. ...

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

Documents

Related Sections