Competition and Consumer Act (Australia)

The Competition and Consumer Act 2010 is an Australian law designed to promote fair trading and competition, protect consumers, and ensure businesses operate fairly. It prevents practices like price-fixing, misleading advertising, and abuse of market power. The Act establishes the Australian Competition and Consumer Commission (ACCC), which enforces these laws and helps resolve disputes. Overall, it aims to create a healthy marketplace where consumers can make informed choices and businesses can compete fairly, fostering innovation and better services for everyone.