The body charged with increasing or maintaining competition in the Australian economy is:
A) the ACCC.
B) the Treasury.
C) the Reserve Bank of Australia.
D) the Australian Prudential Regulation Authority.

Question

Quizplus · Accepted Answer

The ACCC (Australian Competition and Consumer Commission) is the regulatory body responsible for promoting and ensuring fair competition in Australia. Its main role is to enforce the Competition and Consumer Act 2010, which prohibits anti-competitive conduct and regulates consumer protection. The other options listed do not have a specific focus on competition regulation.

The Body Charged with Increasing or Maintaining Competition in the Australian