The Trade Practices Act has been described as the new exocet for business, but maintaining a competitive edge is all about the most efficient deployment. Our firm offers some of the most experienced practitioners in this tense and often sensitive area. We aim to keep the ACCC away from your door, deal with problems safely and quickly if they arise, and advise on tactics to keep your competitors honest.
Staying ahead of the game
The Trade Practices Act now has a major impact on the way companies go about their daily business. The ACCC has never been more active. The scope of the Act is ever expanding. Knowledgeable consumers and organisations are lodging a record number of complaints, and the penalties for breaching the Act are severe. But fines are not the only price –brands, reputations and your customer loyalty are often at stake.
With a full understanding of the law, however, not only can you keep your own house in order, but you can stay ahead of your competitors, and effectively defend your position should a surprise attack be mounted.
Some of the best in the business
Many of our lawyers have worked on the other side of the Trade Practices fence. Some within government –others as fulltime ACCC prosecutors. No wonder our team has a comprehensive knowledge and exceptional understanding of competition and consumer law from all perspectives.
Having assisted governments in drafting regulatory frameworks for the introduction of competitive markets, and worked with them to develop codes of conduct and consumer protection regulatory frameworks, we also appreciate the big picture as well as the finer points of the law.
If the ACCC comes knocking
Should you ever find the ACCC on your doorstep, we can provide guidance on what action to take and how best to respond to its demands. Early resolution of issues is critical and we waste no time in steering you through the process. Both in high level negotiations with Commissioners and in dealing with the ACCC ’s investigators and lawyers, we stay with you every step of the way – and if matters escalate, you can rely on our substantial experience in defending clients against prosecution.
In addition to the legal issues, adverse public relations can be an extra hazard, potentially causing damage to reputations and brand value. Managing a PR crisis can cost more than any legal proceedings. Whether you are fighting or making a claim, we can advise rapidly on all the legal aspects of your crisis management plan – media relations, customer relations, and any other communications to internal or external stakeholders.
Our services
Competition and restrictive trade practices
price fixing
predatory pricing
refusal to supply
distribution arrangements
joint ventures
ACCC notifications and authorisations
Consumer protection
misleading or deceptive conduct
safeguarding brands
advertising and promotions clearance
sponsorships and endorsements
Unconscionable conduct
B2B and B2C negotiations
commercial leasing
franchising
Utilities
Part IIIA access declarations
access undertakings and disputes in the rail, electricity, gas and telecommunications industries
representation before the Australian Competition Tribunal
Trade practices compliance
designing and implementing AS3806 compliance programs
ecomply on-line compliance tool
Product liability
voluntary and mandatory recalls
supply and distribution agreements
Mergers & acquisitions
market definition and concentration analysis
informal ACCC clearances
representation before ACCC
applications for and opposition to ACCC authorisations
Legislation for the criminalisation of cartels is set to be introduced into Federal Parliament prior to the end of the year with the Government releasing an exposure draft of proposed amendments to the Trade Practices Act 1974 (TPA).
Welcome to the October edition of the Competition & Consumer Law Update. In our October 2008 edition, we: Review the Government’s discussion paper on “creeping acquisitions”, released on 1 September 2008; Discuss proposals to provide the ACCC with significant new enforcement powers, which will allow it to issue ‘infringement notices’ without first obtaining an order from the Court as it is currently required to do; Summarise the outcomes of the ACCC’s successful appeal in the Baxter Healthcare case and the implications arising from that case of offering “bundled” tenders, particularly to government purchasing authorities; Review the key findings from the ACCC’s inquiry into the grocery sector; and provide a stock take on the use – or non-use as is the case – of the collective bargaining notification process that can be used by small businesses to obtain legal immunity from breaches of the Trade Practices Act, since the notification process was introduced in January 2007.
Developments in the competition and consumer law field have continued at a fast pace both in Australia and overseas since our last Competition and Consumer Law Update.
30 May 08Calum Henderson,Nick McHugh, Andrew Beck, Claire Forster, Belinda Harvey, Natalie Trezise and Jonathan Wilkinson
The competition provisions in Part IV of the Trade Practices Act 1974 (TPA) have been subjected to a period of sustained review and amendment since 2002. The process of change is far from settled.
The ACCC recently published its 2008 Draft Merger Guidelines for consultation. These guidelines are intended to provide an explanation of the framework the ACCC will apply when considering whether a merger or a proposed merger could substantially lessen competition in a market. Guidelines such as these issued by the ACCC from time to time, provide a useful overview of polices and procedures applied by the ACCC when reviewing proposed mergers.
An article by Deacons partner Nick McHugh and Special Counsel Professor Warren Pengilley was published in Keeping Good Companies, the Journal of the Chartered Secretaries Australia Ltd, February 2008 Vol 60 No 1, on the ACCC case against Visy Industries on the matter of price fixing.
As foreshadowed in our recent Competition and Consumer Law Update, the Australian Competition & Consumer Commission (ACCC) has now released its Issues Paper dated 11 February 2008 (Issues Paper) inquiring into the competitiveness of the Australian grocery market.
For our first edition in 2008 of the Competition and Consumer Law Update, there have already been major developments in the competition and consumer law field.