Quantcast
au iconAU

 

 

'We like punishment', ACCC warns larger businesses

The ACCC boss has said that his agency wants larger penalties against companies that stifle competition or mislead consumers and small businesses, while outlining the watchdog’s compliance focus for 2019.

'We like punishment', ACCC warns larger businesses
smsfadviser logo
'We like punishment', ACCC warns larger businesses

Speaking at a CEDA business luncheon in Sydney, ACCC chair Rod Sims said the regulator believes that tough penalties that provide adequate deterrence are the best means at ensuring compliance with competition and consumer laws.

Read more at MyBusiness.

Subscribe to Public Accountant

Receive the latest news, opinion and features directly to your inbox