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Standing Committee on Economics, Finance and Public Administration

Review of the Australian Competition and Consumer Commission annual report 1996-97

Recommendations

1 That the Australian Competition and Consumer Commission include in the undertakings section of its regular publication, The ACCC's approach to mergers: A statistical summary, details of the undertakings listed. (paragraph 2.27)

2 That as a matter of priority the Australian Competition and Consumer Commission prepare guidelines on the interaction between private sector parties and the Commission on the preparation of cases. The preparation of the guidelines should involve public consultation and the guidelines should be forwarded to this Committee for its consideration. (paragraph 3.53)

3 That the Australian National Audit Office when undertaking its next financial audit of the AGS look closely at the issues outlined by the Committee and related matters. (paragraph 3.60)

4 That the Australian Competition and Consumer Commission monitor the impact of the change in responsibility for compliance programs and report on this matter in its 1997-98 annual report. (paragraph 4.7).


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