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 AFGC supports the development of voluntary industry codes to address industry issues and community concerns as an alternative to regulation.
The Australian Consumer and Competition Commission (ACCC) considers that self regulation can provide a cost-effective means of addressing market failure in an industry through:
- being flexible and sensitive to market circumstances
- providing ownership to industry members over the regulation of their industry
- setting benchmarks for best practice in the industry
- including rapid dispute resolution mechanisms to resolve issues between industry members or raised by members of the public.[1]
AFGC currently manages the following voluntary codes:
- Daily Intake Guide Labelling
- Responsible Children’s Marketing Initiative
- Allergen Management and Labelling
[1] G.Samuals. ACCC. Centre for Public Affairs 2003 Oration. Nov. 2003
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Industry Codes
