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Findings to be disclosed at national energy ministers meeting in July

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The Australian Competition and Consumer Commission is suing accommodation giant Airbnb for allegedly misleading consumers about price currencies displayed.

Australians lost over $AUD 113 million ($81.5m) to cryptocurrency scams between January 1 and May 1 this year, the Australian Competition and Consumer Commission (ACCC) on Monday said. According to ACCC, Australians lost a total of $AUD 205m ($148m) to various scams this year, a 166% increase compared to the…

Australians lost more than $205 million to scams in the first four months of 2022, a 166 per cent increase compared to last year, according to the ACCC.

The competition watchdog says it is monitoring airport profit margins after three of the country's four largest made a profit during COVID-19 lockdowns.

A leading Australian energy lawyer says big power providers are facing increased scrutiny from the competition watchdog amid concerns a shake-out of the industry could lead to price gouging.

Australia’s energy crunch has turned downright nasty this week as retailers begin to pass on huge spikes in gas and power prices.

The role of government is to correct the tendency towards monopoly and inequality through regulation, but they have been falling down on the job.