Australian competition tsar Rod Sims has snuffed out Facebook CEO's hopes for globally consistent laws to regulate social media giants.
Competition tsar Rod Sims has warned more manufacturers will go under unless wholesale gas prices soften.
Competition watchdog Rod Sims says the penalties for corporations that break consumer laws must be severe enough to trigger share price falls.
The chair of the Australian Competition and Consumer Commission,will double down on his criticism of the tech giants in a speech in Sydney on Monday
Leaked document shows Treasurer seeks the personal power to force big energy retailers to sell their assets.
ACCC chairman says tougher penalties need to be introduced for companies breaking the unfair contracts law.
The aim of Australia's largest toll road operator to snare a controlling stake in WestConnex hinges on a crunch decision about its market power.
Companies could face billion-dollar plus fines under sweeping changes to consumer laws squarely aimed at large corporates.
'The potential for consumer detriment from the allegations that we've made is enormous,'ACCC chairman Rod Sims said.
Hawthorn couldn't escape the ire of its greatest fan,ACCC chairman Rod Sims.
The ACCC says it will take a"firmer stance"in consumer protection cases and $10 million fines against the likes of Telstra,Ford and Apple are the new normal.