Consumers need more protection against digital giants, unfair trading, ACCC boss says

Australian Competition and Consumer Commission chair Rod Sims — in his final speech to the National Press Club before he retires from the role — has outlined the main issues and challenges in sectors including energy, aviation, digital and financial services.Mr Sims proposed new rules for tech giants to protect consumers and promote competition.

He said the ACCC's work to establish the news media bargaining code — which ensures media organisations are paid for content on digital platforms — is world-leading and has helped both big and small news companies. "An unfair practices provision would greatly help restore farmer faith in our market economy and, I believe, make them more productive," he said.

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