Australian Competition and Consumer Commission
calls for criminal sanctions against corporate cartels; big business calls for
the ACCC's powers to be curtailed.
Now Professor Alan Fels, the head of the ACCC and scourge of corporate
monopolists, has announced that he will
step down
in 2004.
How much do you want to bet that his Liberal-appointed replacement will
be firmly in the pocket of Big Business, and that we will see a new
laissez-faire, pro-corporate ACCC which is about as much of a watchdog as
George W. Bush's pro-oil Environment Protection Agency?
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