Tag Archives: Rod Sims

Customer loyalty schemes a cause of concern

Customer loyalty schemes, including frequent flyer, supermarket and credit card operators, must ensure they are not misleading consumers according to an ACCC draft report. The ACCC’s Customer Loyalty Schemes draft report raises concerns about the opaque terms and conditions of loyalty schemes preventing consumers from making informed choices that align with their …

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ACCC rejects ‘hipster anti-trust’ movement

ACCC Chair Rod Sims has rejected calls to expand competition law in light of what he called the “hipster anti-trust” movement. He made the comments during a keynote address to the RBB Economics Annual Conference in Sydney last week. ‘Inadvisable and counterproductive’ Mr Sims said some commentators were calling into …

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New ACCC guidance for free-range-egg standard

To offer guidance for egg producers, the ACCC has released the new National Information Standard on free range eggs, which comes into effect on April 26 this year.  According the new standard, egg producers cannot use the term ‘free range’ on packaging unless the eggs were laid by hens that: …

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Retailers welcome new era in competition law

The Competition and Consumer Amendment (Competition Policy Review) Bill passed parliament this week, following the Competition and Consumer Amendment (Misuse of Market Power) Bill 2017, which was passed in August. The Competition Policy Review legislation contains a broad range of amendments to the Competition and Consumer Act 2010 in areas …

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