This submission relates to the draft bill to section 53C of the Trade Practices Act 1974 (Cth) (TPA) relating to component pricing.
Any new business laws or proposed changes to existing laws should only occur where:
- there is a clearly identifiable problem to be addressed;
- the proposed reforms achieve the purpose for which they are intended without creating additional red tape; and
- they do not stifle ordinary and legitimate business behaviour.