Abstract
Enforceable undertaking is one of the many sanctions that are available to regulators. It is widely used in the regulatory community for it allows the regulators to reach plausible solutions to alleged offences without spending the resources of their agencies or the resources of the courts. The success of enforceable undertaking has been such that there seem to be a desire to allow other regulators to use this penalty. This article will observe the provisions of enforceable undertakings available to Federal and State regulators. It will also look at the agencies that are requesting the adoption of such a remedy. Lastly, it will observe if there are any similar penalties overseas.
Original language | English |
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Number of pages | 17 |
Journal | Australian Journal of Corporate Law |
Publication status | Published - 2005 |
Keywords
- competition, unfair
- enforceable undertakings
- Australian Competition and Consumer Commission