What it does
The Competition and Consumer Act 2010 (the Act) is the principal Commonwealth statute governing competition policy and consumer protection in Australia. Its object, stated in s.2, is "to enhance the welfare of Australians through the promotion of competition and fair trading and provision for consumer protection". This is achieved through a multi-layered structure set out in the compilation (No. 162, as at 1 January 2026).
Chapter 1 (Preliminary) contains the short title (s.1), objects, application provisions (the Act binds the Crown in right of the Commonwealth and States/Territories only so far as they carry on business – ss.2A–2C), and an extensive interpretation section (s.4). Over 100 defined terms are supplied, including "corporation" (limited to foreign, trading or financial corporations or holding companies under s.51(xx) of the Constitution), "market" (s.4E – a market in Australia for goods or services and substitutes), and "competition" (expressly including import competition). Application is extended extraterritorially to conduct outside Australia by Australian-incorporated bodies, citizens or residents (s.5), and to non-corporations in trade or commerce among the States or with the Commonwealth (s.6).
The Act establishes key institutions. Part II creates the Australian Competition and Consumer Commission (ACCC – s.6A), a non-corporate Commonwealth entity for finance-law purposes. Its functions include enforcement, information dissemination, law reform, and research (s.28). It must comply with Ministerial directions and Parliamentary requirements (). Part IIA establishes the National Competition Council, which advises on access regimes and declarations (). Part III constitutes the Australian Competition Tribunal (formerly the Trade Practices Tribunal), which reviews ACCC decisions on authorisations, notifications, and access disputes (). Part IIIAA creates the Australian Energy Regulator (AER), with functions under Commonwealth and applied State/Territory energy laws ().
