Technologically neutral is the only way to be
Article Abstract:
Technological legislation and regulation should follow the lead of technology and not set its own course, and the revised code of conduct draft for electronic funds transfers (EFT) illustrates that no matter how complex or uncertain a situation may be, the legislation must not pre-empt the technology. The ambition of the revised code, presented in a white paper by the Australian Securities and Investments Commission, is to make it technologically neutral as possible, so the same protections apply regardless of the nature of the transaction.
Publication Name: Business Review Weekly
Subject: Business, general
ISSN: 0727-758X
Year: 1999
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There's method in Compaq biting the hands that feed
Article Abstract:
Compaq Computer Corp. is planning to sell its computers directly over the Internet and is developing an Australian network of franchised Compaq-branded computer stores. Many retailers are upset, including Harvey Norman Holdings Ltd., which announced it would discontinue selling Compaq machines. By eliminating resellers, Compaq has alienated an effective sales sector. However, with the use of the Internet, phone sales, and branded stores, Compaq might serve more sophisticated customers and increase its revenue.
Publication Name: Business Review Weekly
Subject: Business, general
ISSN: 0727-758X
Year: 1999
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The ACCC should teach, not use the cane
Article Abstract:
Computershare, an electronic share registry, and the Australian Stock Exchange (ASX) are competing for the future of the Sydney Futures Exchange (SFE), but the Australian Competition and Consumer Commission (ACCC) is concerned that an ASX merger offer would create a domestic monopoly. Electronic markets are proliferating globally, and ACCC needs to reassess what is good for the market and its consumers.
Publication Name: Business Review Weekly
Subject: Business, general
ISSN: 0727-758X
Year: 1999
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