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representatives vote 2017-03-27#5

Edited by mackay staff

on 2017-04-21 04:17:21

Title

  • Bills — Competition and Consumer Amendment (Misuse of Market Power) Bill 2016; Second Reading
  • Competition and Consumer Amendment (Misuse of Market Power) Bill 2016 - Second Reading - Agree with the bill's main idea

Description

  • <p class="speaker">Tony Smith</p>
  • <p>The question is that the bill be now read a second time.</p>
  • The majority voted to agree with the bill's main idea, which means the House of Representatives can now discuss it in more detail. In parliamentary jargon, they agreed to read the bill for a [second time](http://www.peo.gov.au/learning/fact-sheets/making-a-law.html).
  • ### What was the bill's main idea?
  • According to the [bill's homepage](http://parlinfo.aph.gov.au/parlInfo/search/display/display.w3p;query=Id:legislation/billhome/r5788), the bill was introduced to:
  • * *strengthen the prohibition on corporations with substantial market powers from engaging in conduct that has the purpose, effect or likely effect of substantially lessening competition in markets in which they directly or indirectly participate*
  • * *remove provisions in relation to telecommunications-specific anti-competitive conduct and the competition notices and exemption order regime*
  • The [bill's digest](http://www.aph.gov.au/Parliamentary_Business/Bills_Legislation/bd/bd1617a/17bd087) has more information.