What does the Australian Competition Tribunal do?
The Tribunal is an independent statutory tribunal that hears applications for the authorisation of company mergers and acquisitions which would otherwise be prohibited under the Competition and Consumer Act 2010.
What dies ACCC stand for?
About us. Australian Competition & Consumer Commission.
Why is the ACCC so important to business in Australia?
Australian Competition & Consumer Commission The ACCC promotes competition and fair trade in markets to benefit consumers, businesses, and the community. We also regulate national infrastructure services.
Can the ACCC take legal action?
The ACCC, the state and territory consumer protection agencies and any other individual or group can take legal action against businesses for contraventions of the ACL.
How does the ACCC protect consumer rights?
act on your behalf or provide you with legal advice on your rights and obligations under the law. make formal decisions on whether a person or business had breached the law as only the courts can do this. regulate or set the prices for goods or services such as groceries or fuel.
What can ACCC help with?
protecting the interests and safety of consumers, and supporting fair trading in markets affecting consumers and small business. promoting the economically efficient operation of, use of, and investment in infrastructure, and identifying market failure.
Can ACCC take legal action?
Who can sue under consumer protection act?
The CPA imposes strict liability on manufacturers of defective products for harm caused by those products. This means that people who are injured by defective products can sue for compensation without having to prove that the manufacturer was negligent.
What constitutes not fit for purpose?
Fit for purpose has a wide meaning For example, a product must be fit for its usual, normal and reasonable purpose. If the item is clearly faulty or damaged and you cannot use it, or you have bought clothing which you cannot wear because the zip is faulty or a seam has frayed, it is not fit for purpose.
What is a major failure Australian Consumer Law?
it is substantially unfit for its common purpose and can’t easily be fixed within a reasonable time. it does not meet the specific purpose you asked for and cannot easily be fixed within a reasonable time.