explain the role of the Australian Competition and Consumer Commission (ACCC) in providing consumer protection.

50 words

The Australian Competition and Consumer Commission (ACCC) plays a crucial role in providing consumer protection by enforcing competition and fair trading laws, promoting competition, regulating industry behavior, and empowering consumers with information and education. The ACCC investigates and takes action against businesses that engage in unfair or deceptive practices that harm consumers.

The Australian Competition and Consumer Commission (ACCC) is responsible for enforcing consumer protection laws in Australia. Its role involves promoting fair competition, regulating businesses, addressing consumer complaints, educating consumers about their rights, and taking legal action against those who breach consumer laws.