Consumer Protection in the Communications Industry: Moving to best practice - Issues Paper (July 2008)

3. Comparison with other sectors

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There is no consistent approach to co-regulation and the development, implementation and enforcement of codes of conduct in Australia. The Productivity Commission has recently recommended that a consistent framework should be developed, and there have been similar calls from a variety of inquiries and taskforces over many years.

Nevertheless, a potential set of basic threshold principles for co-regulation can be extracted from common practice across a range of sectors. This chapter briefly considers a number of key elements in four sectors where co-regulation is in place: financial services, energy, Internet and privacy.