Rudd Government Acts to Strengthen Laws to Promote Fair Competition
Source: Australia. Minister for Small Business, Independent Contractors and the Service Economy. Media Release
"The Rudd Government announced a package of measures aimed at promoting competition and cracking down on anti-competitive behaviour by powerful businesses. The Government will move to further defend small business from predatory pricing and give it a permanent voice in the competition watchdog the Australian Competition and Consumer Commission (the ACCC), amongst other key reform to the Trade Practices Act 1974. Small business and consumers demand nothing less than an effective trade practices regime. Reforming the Trade Practices Act to bring it into the 21st century has been an article of faith for this Government."