The Australian Competition and Consumer Commission (ACCC) is an independent government agency responsible for promoting competition and fair trading in Australia. It ensures that businesses comply with the Competition and Consumer Act 2010, which protects consumers from unfair practices and promotes a competitive marketplace. The ACCC also monitors and regulates various industries, including telecommunications, energy, and transport. It investigates complaints, enforces consumer rights, and takes action against businesses that engage in misleading or deceptive conduct. By doing so, the ACCC aims to create a fair and efficient economy for both consumers and businesses.