Downer EDI subsidiary Spotless has rejected allegations it engaged in price-fixing with Ventia on defence contracts, saying the facilities services companies were not in competition with each other.
Hungry Jack’s has paid over $150,000 in penalties for allegedly breaking the Australian Consumer Law by failing to comply with button battery standards with its ‘burping Garfield’ kids meal toy.
Sarah Proudfoot has been appointed as the CEO of the Australian Competition and Consumer Commission after leading the commission’s National Anti-Scam Centre.
The competition regulator has opened an informal review into whether competition issues would arise should French dairy company Lactalis make a play for the assets of New Zealand dairy cooperative Fonterra which are up for sale.
Mayfield Development’s competition case against NSW Ports over agreements to privatise two ports has made it to the High Court, with the developer pressing its argument that derivative Crown immunity did not apply to the port authority.
King & Wood Mallesons has made a key hire, luring a competition pro who worked on the ACCC’s merger reform team just months before a new mandatory merger review framework is set to take effect.
Two Suncorp units and insurer TAL Life have agreed to pay $34 million to settle a class action over allegedly worthless add-on insurance sold at car dealerships.
The ACCC has won court approval to bring claims against two companies in liquidation alleging they engaged in unconscionable and misleading conduct in the sale of printing cartridges and cleaning chemicals.
A business lender that issued personal loans is on the hook for unlicensed credit activity, but ASIC’s action against the director has failed, with a judge finding the regulator was “entirely indifferent” to the circumstances of the case.
Facing a US antitrust suit by Glencore, global agribusiness Louis Dreyfus BV has won its bid to examine Sydney resident Mark Allen, a former Glencore trader and current CEO of agri-finance firm Thera Capital.