A mini AMA (Ask Me Anything) with El Prez and Ken???

[JohnS]

11 minutes ago, amberleaf said:

I imagine there are better antitrust and competition laws in Aus that would prevent that happening over there.

El Pres just beat me to it, but in regards to protecting competitive market practice, yes the Australian Competition and Consumer Commission is quite good. They have an annual budget of circa $AU200 million and they are often in the news. A little background...

The Australian Competition and Consumer Commission (ACCC) is an independent authority of the Australian government. It was established in 1995 with the amalgamation of the Australian Trade Practices Commission (TPC) and the Prices Surveillance Authority to administer the Trade Practices Act 1974 (TPA) (Cth) (renamed the Competition and Consumer Act 2010 on 1 January 2011). Its mandate is to protect consumer rights, business rights and obligations, perform industry regulation and price monitoring and prevent illegal anti-competitive behaviour.

[westg]

6 hours ago, JohnS said:

El Pres just beat me to it, but in regards to protecting competitive market practice, yes the Australian Competition and Consumer Commission is quite good. They have an annual budget of circa $AU200 million and they are often in the news. A little background...

The Australian Competition and Consumer Commission (ACCC) is an independent authority of the Australian government. It was established in 1995 with the amalgamation of the Australian Trade Practices Commission (TPC) and the Prices Surveillance Authority to administer the Trade Practices Act 1974 (TPA) (Cth) (renamed the Competition and Consumer Act 2010 on 1 January 2011). Its mandate is to protect consumer rights, business rights and obligations, perform industry regulation and price monitoring and prevent illegal anti-competitive behaviour.

Airlines and Banks excluded ...amongst a host of others..200 million...I would love to see how that is broken down...and how we are paying for it..especially travel expenses ..