Competition Law governs the interaction between businesses operating in the same market and aims to prevent conduct that is unfair to competitors or debilitative to industry. Consumer Law regulates how businesses interact with consumers. The laws govern both the public and private sectors and are enforced by the Australian Competition and Consumer Commission (ACCC). They can impact many major business activities including joint ventures, mergers and acquisitions, marketing initiatives, supply and distribution arrangements, and infrastructure investments. The laws protect consumers and businesses from the misrepresentations of others, and they govern market conduct that is illegal or anti-competitive.
Multinational businesses also need to be aware of the differences between competition laws in Australia and in other jurisdictions.
We can advise on a full range of Competition & Consumer Law matters including: