AnCaps
ANARCHO-CAPITALISTS
Bitch-Slapping Statists For Fun & Profit Based On The Non-Aggression Principle
 
HomePortalGalleryRegisterLog in

 :: Anarcho-Capitalist Categorical Imperatives :: AnCaps' Laissez-faire Free Trade Zone
 

 OZschwitz economic oppressor ACCC seeks bigger thieving penalties for get this... "exploitative" companies

View previous topic View next topic Go down 
AuthorMessage
RR Phantom

RR Phantom

Location : Wasted Space
Job/hobbies : Cayman Islands Actuary

OZschwitz economic oppressor ACCC seeks bigger thieving penalties for get this... "exploitative" companies Vide
PostSubject: OZschwitz economic oppressor ACCC seeks bigger thieving penalties for get this... "exploitative" companies   OZschwitz economic oppressor ACCC seeks bigger thieving penalties for get this... "exploitative" companies Icon_minitimeWed Feb 18, 2015 9:56 pm
The competition regulator vowed to seek tougher penalties against big corporations, after criticism that a recent $10 million fine against Wesfarmers' Coles division and $11 million fine against Flight Centre Travel Group were too small.

Australian Competition and Consumer Commission chairman Rod Sims said he wanted to take full advantage of new competition penalties that allow the regulator to seek fines of up to 10 per cent of a company's revenue, so their enforcement action "echoes in boardrooms and gives weight to our phone calls, letters, and all the other work we do".

"The difference between a $10 million fine and a $100 million fine is quite profound. People will sit up and take notice, because it starts to show up in the profit and loss statement and it will grab attention, which is what we are trying to do with our deterrence messages," Mr Sims said.

"The difference between the fines we have had in the past and the ones we might have in the future could be very significant.

http://beta.afr.com/accc-seeks-bigger-penalties-for-exploitative-companies-13hu9k
_________________
Anarcho Capitalists Retail ,  OZschwitz Downunder BoutiqueAnarcho-Capitalists,AnCaps Forum,Anti-State,Anti-Statist,Inalienable Rights Defenders,Non-Aggression Principle,Non-Initiation of Force Principle,Rothbardians,Anarchist,Capitalist,objectivism,Ayn Rand,Anarcho-Capitalism,Anarcho-Capitalist,politics,libertarianism,Ancap Forum,Anarchist Forum,Vulgar Libertarians,Hippies of The Right,Forum for Anarcho-Capitalist,Forum for Anarcho-Capitalists,Forum for AnCap,Forum for AnCaps,Libertarian,Anarcho-Objectivist,Freedom, Laissez Faire, Free Trade, Black Market, Randroid, Randroids, Rothbardian, AynArchist, Anarcho-Capitalist Forum, Anarchism, Anarchy, Free Market Anarchism, Free Market Anarchy, Market Anarchy
OZschwitz economic oppressor ACCC seeks bigger thieving penalties for get this... "exploitative" companies PgkowJT
Back to top Go down
 

OZschwitz economic oppressor ACCC seeks bigger thieving penalties for get this... "exploitative" companies

View previous topic View next topic Back to top 
Page 1 of 1

Permissions in this forum:You cannot reply to topics in this forum
 :: Anarcho-Capitalist Categorical Imperatives :: AnCaps' Laissez-faire Free Trade Zone-
 :: 

Anarcho-Capitalist Categorical Imperatives

 :: 

AnCaps' Laissez-faire Free Trade Zone
Index, Portal, Induct Yourself Here, Forum Technical Non-Assistance, Philosophy & Religion, Realpolitik Statism & Bureaucracy, Law & Order, Rights Individualism & Lifestyles, Laissez-faire Free Trade Zone, Science Technology & Environment, Psychology Edumbcation & IndoctriNation, Culture & Art, Ancapdemia's Ebony Basement, High Octane One-on-One Debate, Celebrate Evildoers' Inadvertent Contributions to Ancap Values, Idiot of the Week Award Nominees Are, Humor, Freestyle Miscellaneous, Ancaps Emporium, OZschwitz Slave Pen Downunder Boutique, Anarcho-Capitalists,AnCaps Forum,Anti-State,Anti-Statist,Inalienable Rights Defenders,Non-Aggression Principle,Non-Initiation of Force Principle,Rothbardians,Anarchist,Capitalist,objectivism,Ayn Rand,Anarcho-Capitalism,Anarcho-Capitalist,politics,libertarianism,Ancap Forum,Anarchist Forum,Vulgar Libertarians,Hippies of The Right,Forum for Anarcho-Capitalist,Forum for Anarcho-Capitalists,Forum for AnCap,Forum for AnCaps,Libertarian,Anarcho-Objectivist,Freedom, Laissez Faire, Free Trade, Black Market, Randroid, Randroids, Rothbardian, AynArchist,Anarcho-Capitalist Forum, Anarchism, Anarchy, Free Market Anarchism, Free Market Anarchy, Market Anarchy, Market Anarchism, Volunteerism, Libertarian anarchism,
Free forum | Society and Culture | Politics | ©phpBB | Free forum support | Contact | Report an abuse | Forumotion.com