The NSW Fair Trading enforcement grace period for new disclosure obligations added to the Fair Trading Act 1987 (NSW) expires on 31 December 2020. The changes commenced on 1 July 2020 and imposed new disclosure obligations on affected businesses. The new disclosure obligations require:

suppliers to disclose terms or conditions of contracts that substantially prejudice consumers. The disclosures must be made before the business supplies the goods or services;1 and
intermediaries to disclose the financial incentives arrangements they have with suppliers. The disclosures must be made before the business acts under an arrangement where it may receive a commission or referral fee.2

ACCC enters multilateral framework to strengthen cross-border enforcement 
Guilty plea in first criminal charge for obstructing ACCC investigation
Merger review round up; non-publication of post merger investigations
Digital Platforms Inquiry update: draft bargaining code; platforms respond 

The new framework will facilitate coordination between the ACCC and competition agencies in the US, UK, Canada and New Zealand on cross-border competition investigations. For the first time, an individual plead guilty to a criminal charge of obstructing an ACCC investigation by inciting fellow employees to give false evidence to the ACCC. The ACCC remains active in assessing merger matters, while announcing that they will no longer place post-completion investigations on the public merger register. The ACCC also published a draft bargaining code-covering payment for news content; digital platforms have heavily criticized the code.

In brief On 9 November 2020, the Federal Government published a Decision Regulation Impact Statement (Decision RIS), recommending significant reforms to the unfair contract terms (UCTs) regime in the ‘Australian Consumer Law’ (ACL). If passed, the reforms will result in UCT’s being illegal and will give Federal Court the power…

Businesses have been straining under supply chain challenges to deal with the broader implications of COVID-19 and have been turning to the Australian Competition and Consumer Commission (ACCC) for permission to work together with their competitors to address these issues. This alert aims to provide practical guidance on when and…

The Australian Competition and Consumer Commission (ACCC) has launched its AdTech Inquiry, recently releasing an Issues Paper to obtain views from market participants and interested parties on the key issues affecting the markets for ad tech services and digital agency services. This Issues Paper is the first step in the…

Beliefs in markets and consumer protection guide the ACCC’s investigations and enforcement actions At an event hosted by the Committee for Economic Development of Australia in Sydney on Tuesday, Rod Sims, Chairman of the Australian Competition and Consumer Commission (ACCC), announced the ACCC’s enforcement priorities for 2020. In opening, Mr…

“It’s just a post for our followers. Nothing I write on social media can be taken seriously. No one else checks this page anyway.” Social media is now a central component of any business’ sales and advertising: it’s just another way to market your products and services, or to share…

The Australian Government has now released its response and an ‘Implementation Roadmap’ (Response) to the Australian Competition and Consumer Commission’s (ACCC) Digital Platforms Inquiry Final Report (DPI Report), following a 12 week public consultation which closed on 12 September 2019. Our summary of the DPI Report is available here. The…

The Treasury’s public consultation on the ACCC’s Digital Platforms Inquiry Final Report has now closed. As we await the Government’s response to the Final Report’s 23 recommendations for wide-ranging regulatory change in areas including competition and consumer law, privacy, copyright and media regulation, Baker McKenzie presents the following video and…