ACCC to appear before House Economics Committee

THE Australian Competition and Consumer Commission (ACCC) will appear before the House of Representatives Standing Committee on Economics at a public hearing in Canberra on Wednesday, September 18, 2019.

The Chair of the Committee, Tim Wilson MP, said, "This hearing is an important mechanism for the Parliament to scrutinise the ACCC’s effectiveness as competition regulator and national consumer law champion.

"As the ACCC has significant responsibility for competition issues, it is timely to examine the regulator on these matters, particularly in relation to the financial services industry," he said.

In the consumer law area, Mr Wilson said, "Since the committee’s last hearing with the ACCC in June 2018, the Parliament has passed legislation to strengthen penalties under Australian Consumer Law by aligning them with the maximum penalties under the competition provisions of the Competition and Consumer Act 2010."

"The committee looks forward to examining the ACCC’s recent work on its priority areas and the range of ongoing inquiries and market monitoring."

Public hearing details

Date: Wednesday, 18 September 2019
Time: 11.05am to 1.50pm
Location: Committee Room 2R1, Parliament House, Canberra

The hearing will be broadcast live at aph.gov.au/live.