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ARTICLE · 28 APRIL 2015

Competition and Consumer Law - What's News - 16 March 2015

Holding Redlich
Holding Redlich
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Holding Redlich

Holding Redlich

Holding Redlich is a large national commercial firm with offices in Melbourne, Canberra, Sydney,...

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This newsletter includes links to recent media releases, reports and cases relating to competition and consumer law.

AustraliaAntitrust/Competition Law
Howard Rapke
Howard Rapke
Ian Robertson
Ian Robertson
Paul Venus
Paul Venus
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In the media

Upfront commissions compromise quality of financial advice: ASIC
When the corporate regulator did a survey of financial advice about life insurance all the headlines were around the quality of that advice. The Australian Securities and Investments Commission (ASIC) found that where there was an upfront commission, 40 per cent of advice given did not put the client's needs first (12 March 2015). More...

Senate Economics Committee recommends s 46 divestiture bill not be passed
A couple of weeks ago Senate Economics Legislation Committee released its report on the Competition and Consumer Amendment (Misuse of Market Power) Bill 2014. The bill was introduced, last year and would have introduced a divestiture remedy for contraventions of the misuse of market power provision. The Committee (Senator Xenophon dissenting) recommended that the Senate not pass the bill (12 March 2015). More...

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