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The Role That Was Once Performed by Price Surveillance Authority

Question 6

Multiple Choice

The role that was once performed by Price Surveillance Authority ('PSA') is now undertaken by the Australian Competition and Consumer Commission ('ACCC') .That role is:


A) to monitor corporations.
B) to reduce competition in the marketplace to ensure that consumers get the best prices.
C) to monitor prices in areas where competition is not effective to protect consumers and ensure efficient prices
D) to promote mergers, acquisitions and monopolies in the marketplace and ensure that all businesses are treated equitably.

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