Competition and Consumer Act 2010 (Australia)

The Competition and Consumer Act 2010 is Australian law designed to promote fair trading and competition, and to protect consumers. It prevents businesses from engaging in anti-competitive behavior, such as price-fixing or misleading advertising. The Act also covers consumer rights, ensuring products and services meet certain standards and that consumers are protected against unfair business practices. It is enforced by regulators like the Australian Competition and Consumer Commission (ACCC), ensuring a fair marketplace where businesses compete ethically and consumers are safeguarded.