Legend emeritus Peter Waters and Partner Andrew Low take us through the rise and the risks of agentic AI in commerce and beyond: how AI agents can organise our holidays and even our lives, why we might or might not want them to, and how they interface with contract, competition and consumer protection law. Plus, Australia's highest individual competition law penalty in the Qteq case, and the US war against Iran brings concerns over fuel supply and pricing as well as limits on AI. All this and Maxwell Smart with co-hosts Moya Dodd and Matt Rubinstein.    Links:   

• The ACCC's fuel price monitoring updates 
• Treasury Laws Amendment (Doubling Penalties for ACCC Enforcement) Bill 2026 
• One of the David Byrnes talks to the ABC about petrol prices 
• The other one sings "(Nothing but) Flowers" 
• Anthropic on its dispute with the Department of War and its preliminary reprieve (for now) 
• Meet the Gilbert + Tobin Competition, Consumer + Market Regulation team 
• Email us at edge@gtlaw.com.au