The Trade Policies : Consumer Protection Act

The Australian Competition and Consumer Commission (ACCC) is an administer of the competition and Consumer Act (CCA) which is to prevent collusion among the firms and to prevent the individual firm which break the market equilibrium with their market power. Well competitive market would deliver efficiency costs, faster innovation, prevention of unduly concentrated markets, business freedom, wealth distribution, and enhancement of international competitiveness. Therefore, the ACCC is playing a crucial role in Australia, and their activities can be divided into four categories; (1) the policies for anti-competitive conduct and anti-competitive practices, (2) the mergers policy, (3) the consumer protection policy, and (4) four pillars policy.

The most efficient way for consumers to get what they want is through the ‘market’, not the government, but businesses have more power than their customers. Some businesses can and will use abuse this power and cheat and steal from consumers to make money. Because of this, the government regulates the behaviour of businesses to have a market economy that functions properly. These laws mainly protect consumers against; misleading/deceptive representations, unconscionable conduct, unfair contracts, and unsafe goods and/or services. To protect consumers, different legal and non-legal approaches have been taken.

In 1890, the United States Congress passed the first Anti-Trust Law, called the Sherman Act, in an attempt to combat anti trusts and as a “comprehensive charter of economic liberty aimed at preserving free and unfettered competition as the rule of trade.” (The Antitrust Laws). Twenty four years later in 1914, Congress passed two more Anti-Trust Laws: the Federal Trade Commission Act, which created the Federal Trade Commission whose aim is to protect American consumers, and the Clayton act, which fills in any loopholes in the Sherman Act. Ultimately, these three Anti Trust Acts regulate three core problems within the market: restricting the creation of cartels, restricting the “mergers and acquisitions of organizations which could substantially lessen competition”, and prohibit the creation of monopolies in the market (“The Antitrust Laws”).

The Australian Consumer Law (ACL) was established to protect consumers in any legal trading activities in Australia. A set of guarantees has also been introduced for those consumers who are acquiring goods and services from Australian suppliers, importers or manufacturers. The guarantees are intended to ensure that consumers will receive the goods or services they have paid for. If they have problems with the products and services they bought, they are entitled for remedies, such as repair, replacement, and refund.

It 's bad enough that we are embroiled in the worst recession since the Great Depression and yet, liberals in Washington want to spend more, save less, and yes, tax you some more. It has been said that some things come in three 's-well there you go. Spend more, save less, and tax more. I guess the saying is true to its meaning because Liberals seem to like that number 3, especially with this Cap and Trade bill. The Cap and Trade legislation seeks to create carbon credits-the only credit you and I will get is a VISA debit check card-which places credits in the hands of the polluters and allows them to pollute to a certain limits, based on the limits they were given. But when those companies fall under their mandated pollution limits, they can sell the remaining credits to other companies who haven 't yet. How sweet, huh? They get rewarded and what do we get in return? So what is it with this reward system and this global warming theory that the liberals and environmentalists are running up and down mountains to prove at all cost? Or is it, our cost? Who really is the enemy in all this so-called global warming panic attack? CO2 emissions are the enemy that 's who. The evil demon that needs to be eradicated immediately or we will just vaporize. But wait, CO2--don 't we need that? Is it me or has the long chain of human life that acquired an immense amount of intelligence through evolution just came to an end? CO2 is needed for life. Without it, we would all perish

This can be seen in ACCC Annual Report of 2005 which states “that attempts at bait advertising and deceptive marketing practices has reduced by over 70% since the act was passed.” The annual report also demonstrates that accessibility of the legal system has been effective, as “5552 complaints of false advertising have been lodged under the Trade Practises Act since 1994”. Precepts of ‘bait advertising’ as result of the Reardon v Morley Ford Pty Ltd (1980) 49 FLR 401, where the car company was brought to the Federal Court and charged with bait advertising when it had advertised cars it had no intention to sell, have now been incorporated into both State and Federal legislation. Trade Practices Act 1974 is effective as it is enforceable. One avenue of enforcement is through the Australian Competition and Consumer Commission (ACCC). ACC set up in 1995 whose primary aim is to protect the rights of consumers and business by encouraging vigorous competition in the marketplace and enforcing consumer protection and fair trading laws, particularly the Trade Practices Act. The ACCC aims to help consumers by prohibiting conduct by business which is misleading or deceptive or which is likely to mislead or deceive, ensuring businesses comply with product safety standards, making manufacturers and importers liable for defective goods and prohibiting unconscionable conduct by businesses in their dealings with consumers. It is effective due to

This essay will discuss the requirements for a legally binding contract, elements for establishing misrepresentation in a court and some elements of the Australian Competition and Consumer Act 2010. Mr Manfredi entered into a bilateral contact with Elvis Eggplant who is the director of the vegetarian café HappyHippie.

Protectionism will destroy our PPP and the existing economies of scale, given the current government regulation. America needs innovation and entrepeneurship, and for the government to pull it's dick out of the economy. The government and corporations ensured America will likely never be a manufacturing based economy

The Australian Competition and Consumer Commission (ACCC) is an independent Commonwealth statutory authority whose role is to enforce the Competition and Consumer Act 2010 (ACCC, 2015). The ACCC promotes competition as it increases the prosperity and welfare of consumers and it also promotes fair trading and regulating national infrastructure for the benefit of all Australians. As the ACCC is there to benefit Australian consumers, they will take action to any business that breaches what they enforce which includes anything to improve consumer welfare, protect competition or stop conduct that is anti-competitive or harmful to consumers.

The competition and Consumer Act 2010 (CCA), which was formerly known as the Trade Practices Act of Australia, is an Act of the Parliament of Australia. This Act covers the common legislative for competition law within Australia. It promotes competition, and the Australian Competition and Consumer Commission (ACCC) administers it, along with three other organisations. The ACCC enforces the CCA and this benefits Australians as a country. The CCA came into operation on the 11th of January. The constitution limits the application of the CCA through section 51, as it sets out the powers between the federal and state parliaments. As a result of this, the CCA mostly applies to corporations. State, Territory and Commonwealth Acts sometimes allow conduct

The Australian Competition Consumer Commission (ACCC), an Independent Commonwealth Statutory Authority, promotes competition and fair trade in markets in order to benefit consumers, businesses, and the community. Since Rod Sims, ACCC Chairman, was appointed in 2011, he once stated, “The ACCC’s main responsibility is to ensure all individuals and businesses comply with Australian competition, fair trading, and consumer protection laws; especially the Competition and Consumer Act 2010,” (ACCC, 2011) which was previously known as the Restrictive Trade Practices Act 1974. The ACCC administers the Competition and Consumer Act 2010 to promote competition in markets in order to improve the efficiency of the economy to increase the welfare of Australians.

The CCA is another law made by the ACCC to protect consumers in the market. The act protects the welfare of Australians by encouraging fair trading and competition. It provides consumer protection in the following ways

The Fair Competition Act and Consumer Protection Acts are designed to maintain and promote a good relationship between consumers and vendors, and to protect consumers and businesses of unfair practices among themselves. The Fair Competition Act promotes competitiveness among business and prevents unlawful practices that would prevent other business from entering a market (anti-competitiveness). While the Fair Competition Acts promotes competition among businesses, the Consumer Protection Acts protects the users of the product, to ensure the life, health and safety of the consumers. Each act is there to protect good practices among businesses, and consumers however the acts can be breached by unlawful practices such as Price fixing, Conspiracy,

This essay will analyse the Consumer Rights Act 2015 (‘CRA 2015’) as it is a significant element of the government’s reform of consumer law in the UK. The Act has been lauded as an immense upheaval of consumer law due to the integration of eight existing pieces of legislation into one. The complicated regulations regarding goods and services that consumers and businesses struggle to comprehend will no longer apply under the Act.

Transportation: a common word that people hear daily, but pay no mind to. Transportation is an industry that employs millions and stimulates economies everywhere. Without transportation the world as we know it would collapse. Cars, boats, trains, and planes, all built and operate in to serve the same purpose, to move items and people. Transportation falls into one of three basic types, depending on over what surface they travel by land, water, and air. Transportation is a non-separable part of any society. It shows a very close relation to the style of life, the range and location of activities and the goods and services in which will be available. Advances in transportation have made changes possible in the way of living and the way in which societies are organized, which therefore have a great influence in the development of countries