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Magistrate in ANZ cartel case shuts down ‘back door’ bid to expand JPMorgan witness grilling
Competition & Consumer Protection 2019-12-13 4:46 pm By Miklos Bolza

A magistrate has dismissed a bid to expand the cross examination of a JPMorgan witness in the closely watched criminal cartel case over a $2.5 […]

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Asahi’s $16B takeover of CUB gets frosty reception by ACCC
Competition & Consumer Protection 2019-12-12 11:15 pm By Christine Caulfield

The Australian Competition and Consumer Commission has raised concerns about Asahi’s proposed $16 billion acquisition of Carlton & United Breweries, saying the deal would likely […]

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ACCC to get $26.9M boost to crack down on Google, Facebook
Competition & Consumer Protection 2019-12-12 11:08 pm By Cat Fredenburgh

The Australian Competition and Consumer Commission will get an additional $26.9 million to take on Google and Facebook, but the Federal Government will proceed more […]

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‘I’m getting awful close to ending my life’: Magistrate despairs as ANZ cartel hearing blows out
Competition & Consumer Protection 2019-12-12 7:49 pm By Miklos Bolza

A committal hearing in the ANZ cartel case may run a further nine days next year due to ongoing arguments about subpoenas and privilege, which […]

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Merger of textbook giants Cengage, McGraw-Hill has ACCC worried
Corporate 2019-12-12 5:14 pm By Christine Caulfield

The competititon regulator has flagged concerns about the proposed merger of educational publishing giants Cengage and McGraw-Hill, saying it could substantially lessen competition and drive […]

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VW class action judge frowns on bid for common fund order
Class Actions 2019-12-11 11:20 pm By Miklos Bolza

The judge overseeing the settlement approval process in multiple class actions against Volkswagen over the diesel emissions scandal has criticised an application for a common […]

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Banks want to grill ANZ cartel case witnesses on late evidence by ACCC
Competition & Consumer Protection 2019-12-10 6:58 pm By Miklos Bolza

The banks and executives facing criminal charges over alleged cartel conduct related to ANZ’s $2.5 billion share placement in 2015 will fight to widen their […]

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ACCC sues TasPorts in first misuse of market power case under new law
Competition & Consumer Protection 2019-12-09 5:13 pm By

Tasmanian state government-owned ports company TasPorts is facing regulatory action by the Australian Competition and Consumer Commission for allegedly misusing its market power to stymie […]

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JPMorgan witness disputed existence of ANZ cartel ‘agreement’ court hears
Competition & Consumer Protection 2019-12-06 9:45 pm By Miklos Bolza

A key witness from JPMorgan previously contested claims by the ACCC that a key component of an alleged cartel arrangement between four major banks around […]

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Group members to get $100 or less under $1.5M ANZ class action settlement
Class Actions 2019-12-06 1:54 pm By Cat Fredenburgh

A judge has given the green light to a $1.5 million settlement in a long-running class action against ANZ alleging it slapped customers with illegal […]

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