The Competition and Consumer Act 2010 (CCA) covers most areas of the market: the relationships between suppliers, wholesalers, retailers, and consumers. Its purpose is to enhance the welfare of Australians by promoting fair trading and competition, and through the provision of consumer protections.
Broadly, it covers:
product safety and labelling
unfair market practices
price monitoring
industry codes
industry regulation – airports, electricity, gas, telecommunications
mergers and acquisitions.