Recent high profile cases initiated by the ACCC have demonstrated the importance and value of businesses maintaining an effective trade practices compliance program. The promotion of a culture of compliance within the business is also essential for reducing the damage of a potential trade practices breach. In this update Stephens Lawyers & Consultants provides an overview of recent trade practices decisions and provides summaries on amendments to the following areas: misuse of market power and predatory pricing provisions; closer cooperation between Australian and NZ regulatory bodies; and amendments to the Franchising Code of Conduct [read more].