The ACCC is sending out mixed signals on competition

In attempting to broaden the scope of what it calls 'anti-competitive' activity, Rod Sims could end up killing the very competition that is good for the market, the economy, and ultimately consumers.

It is hardly going to come as a shock to anyone in business that, in its submission to the Harper Review of competition policy, the Australian Competition and Consumer Commission is seeking changes to the law that would expand its powers. Regulators are always seeking to expand their reach and influence.

ACCC chairman Rod Sims had in any case strongly flagged the commission’s agenda, including its desired changes to competition laws. Indeed, earlier this week he gave a speech that previewed the commission’s submission.

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