Response to the ACCC Consumer Data Right rules framework
18 October 2018
The Business Council welcomes the opportunity to respond to the Consumer Data Right (CDR) Rules Framework released by the Australian Competition and Consumer Commission (ACCC).
The ACCC’s CDR rules are an important component of the overall design of the CDR, along with the overarching enabling legislation (currently being prepared by the Treasury) and the underpinning technical standards (currently being prepared by Data61).
We support the ACCC’s general intention to prepare initial rules that are as simple and narrow as possible, to allow regulators and businesses to work through implementation issues carefully. There are additional steps the ACCC could take to minimise risks associated with the CDR, outlined in our submission.