There Were Three Important Changes to the Law Introduced by the Competition

question 22

Multiple Choice

There were three important changes to the law introduced by the Competition Policy Reform Act 1995 (Cth) .Which of the following is not one of them?

• A)It extended the scope of the Trade Practices Act 1974 (Cth) to all Australian businesses and professions.
• B)It merged the Trade Practices Commission and the Prices Surveillance Authority to form the Australian Competition and Consumer Commission.
• C)It established an access regime to allow third parties access to essential facilities.
• D)It set up the office of the Consumer Ombudsman.

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Definitions:

Employees

are individuals who are hired by organizations or companies to perform specific jobs or duties in exchange for compensation.

Illegal

Activities or actions that are forbidden by law, and which are punishable by sanctions or other legal consequences.

Marital Status

A legally defined condition of an individual regarding marriage, such as single, married, divorced, or widowed.

Termination

The act of ending or concluding something, often referring to the cessation of employment.