Article
Significant Changes for Australian Competition and Consumer Laws: Doubling of Penalties to AU$100 Million (Per Offence) and Unfair Trading Practices to Be Prohibited
Australia's parliament has passed legislation doubling maximum penalties under competition and consumer law, raising civil and criminal fines to AU$100 million per contravention. What will these enhanced enforcement powers mean for businesses operating under the Competition and Consumer Act, and how should companies prepare for the upcoming unfair trading practices reforms set to take effect in July 2027?
Australia
Anti-trust