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The Latest Breaking News from Australian Competition and Consumer Commission

Why is petrol so expensive in Australia? And when will petrol costs go down?

Dreaming of taking a long drive this weekend? Even with the government halving the fuel excise to 22 cents a litre, petrol prices are still high. So what's going on?

ABC News

Aussies Lost $81.5 Million to Crypto Scams This Year: ACCC

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…

Benzinga

Australian Watchdog Proposes $19M Penalty On Uber For Misleading Riders

Uber Technologies, Inc (NYSE:UBER) could face penalties of up to $19 million (AUD26 million) as the Australian competition regulator finds it guilty of misleading riders. The Australian Competition and Consumer Commission said Uber admitted that between December 2017 and September 2021, it warned consumers they would be charged fees for canceling rides during…

Benzinga

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The power of one: Gina Cass-Gottlieb on becoming the first woman to lead the ACCC

The high-powered lawyer’s career was dominated by defending the big end of town. So what can Australians expect from her tenure as head of the consumer watchdog?

The Guardian - AU

The ACCC is suing Meta for celebrity crypto scam ads on Facebook. Here's why the tech giant could be found liable

On the last day of his 11 years as chair of the Australian Competition and Consumer Commission (ACCC), Rod Sims announced the commission is bringing a “world-first” claim against Meta (owner of Facebook) in the Federal Court for false or misleading conduct.

The Conversation

Reining in the digital giants: Rod Sims on the trials and triumphs of a decade as head of the consumer watchdog

Outgoing Australian Competition and Consumer Commission chair reflects on his time as consumer protector and market guardian

The Guardian - AU

Watchdog receives 5000 RAT complaints

The Australian Competition and Consumer Commission said it has so far received 5000 complaints through its investigation into rapid antigen tests.

AAP

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Claims federal government redirected RAT supplies from businesses referred to ACCC

The federal government has started reporting claims it diverted rapid antigen test supplies away from companies to its national stockpile to the Australian Competition and Consumer Commission, describing the accusations as "categorically untrue".

ABC News

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