Two major industry bodies called yesterday (satjul25) for changes to the powers of the Trade Practices Commission.
They criticised the TPC’s “”extravagantly wide” powers to interrogate people under oath.
The criticisms come after the rejection by the Federal Court on Friday of an action bought by the TPC alleging petrol price fixing by the service-station industry.
The executive director of the Motor Trades Association of Australia, Michael Delaney, said, “”The TPC should be required to re-assess its objectives and its procedures in the investigation and prosecution of alleged restrictive trade practices.”
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