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ACCC
abbreviation for
- Australian Competition and Consumer Commission
Example Sentences
The watchdog's investigation - sparked by complaints and the ACCC's own social media monitoring - found Woolworths had misled customers about 266 products over 20 months, and Coles for 245 products across 15 months.
"The ACCC's case ignores a fundamental reality and a key condition that applies when airlines sell a ticket," Qantas said in a statement on Monday.
"ACCC market scrutiny will help ensure airlines compete on their merits, bring to light any inappropriate market conduct should it occur, and provide continued transparency at a time when new and expanding airlines are still trying to establish themselves."
Hannah Marshall, a partner at Marque Lawyers who specialises in competition law, said she supports the ACCC's focus on essential services, but questioned decisions where the regulator has blocked a deal and offered alternative, preferred, buyout scenarios that involved different companies.
Qantas said in a statement on Monday that it was continuing to review the allegations made by the ACCC, reiterating that the period of time that the ACCC's claims relate to was "one of well-publicised upheaval and uncertainty across the aviation industry."
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