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Competition watchdog says new rules are needed to ensure fair trading for ‘vulnerable’ farmers – ABC News
Treasurer Josh Frydenberg says examples of a “lack of price transparency” are outlined in a consumer watchdog report into agricultural goods from the ACCC, released…
Australia needs new fair-trading laws, according to a report released today by the Australian Competition and Consumer Commission.
Key points:
- The ACCC will investigate allegations of unfair contracts in chicken meat and horticulture sector
- It has recommended new unfair trading laws to apply economy wide
- The competition watchdog says fresh food markets have characteristics of power imbalances
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