Competition chief Gina Cass-Gottlieb is calling for urgent powers to take down scam sites and verify advertisers.
The long-awaited identity system has been elevated to“The reason we said there should be legislative safety net safeguards is that that reform is urgent,” Ms Cass-Gottlieb said in an interview.
“Significant action has been taken in terms of [scam] phone calls. And we are now seeing SMS scammers move to the less regulated and less protected channels of communication to [target] potential victims. And the one where we’re seeing huge increase is in the digital platform services.” Ms Cass-Gottlieb is urging businesses and consumers to make their views known before the February 15 deadline for submissions to Treasury’s final consultation.
“The ACCC’s observation is that the global businesses will make changes in the jurisdictions that act to give extra protection to their consumers and businesses, but will not voluntarily extend that in the jurisdictions that don’t.”The ACCC has been at the forefront of developing regulation for the digital economy and Ms Cass-Gottlieb said Australia risked losing the consumer and competition benefits that leading jurisdictions in Britain and Europe were now targeting.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Pump cheap gas now or cop $50 million fines, ACCC tells producersGas producers must immediately start selling cut-price wholesale gas to comply with federal rules to cap energy costs or face fines of at least $50 million, the ACCC says
Read more »
‘Devastating’ blow for Pakistani batter in fierce ODI competitionPakistani batter omaima_sohail has had a chunk of her bat sent flying while fending off a wicked delivery in her side’s ODI against Australia in Brisbane. AUSvPAK 7NEWS
Read more »
How I cut $20,000 from my house offer and still beat the competitionTougher loan terms are forcing buyers to play hardball with sellers.
Read more »
A local’s guide to Perth: ‘It feels like the city is settling in a little bit’By embracing Indigenous culture, walkability and an outdoor lifestyle, Perth is becoming more itself, says Cass Lynch, a researcher, writer and south coast Nyoongar woman
Read more »
ACCC puts gas companies on notice over price capThe Australian Competition and Consumer Commission said it would target big gas companies that tried to avoid the federal government’s new $12 a gigajoule price cap.
Read more »
China sees rebound, but chides central banks for braking too hardChina’s Vice-Premier Liu He says his nation’s COVID outbreak has peaked and GDP is normalising. Kevin Rudd warns of ‘global headwinds’ from US-China competition.
Read more »