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Franchising Code a ‘game changer’

  The Australian Competition and Consumer Commission (ACCC) claims “the game is set to change for operators engaging in serious breaches of the Franchising Code of Conduct” as a result of new enforcement powers. The new powers come into effect on January 1 and will allow the competition regulator to issue infringement notices of up to $8500 and seek penalties up to $51,000 in the Federal Court for contraventions of the franchising code. In a speech to the National Franchise Convention L