Probe into retailing on the net

The competition watchdog will launch an investigation into clothing importers who are reaching agreements with overseas suppliers to stop selling their products to Australians on websites or instructing them to lift their web prices.

Australian Competition and Consumer Commission chairman Rod Sims has acknowledged that anti-competitive practices revealed by The Age last week could breach competition legislation.

He said an investigation would be launched, and companies found breaking the law would be prosecuted. We are extremely committed to having a close look at this, he said — via redwolf.newsvine.com

Share this Story
Load More Related Articles
Load More By Red Wolf
Load More In Business

Leave a Reply

Your email address will not be published. Required fields are marked *

Photos from Flickr