Telstra has been ordered to pay $18 million in ACCC proceedings, after a court found the telco misled thousands of broadband customers about the speed of its budget internet provider Belong.
Warning of the propensity for major events procurement to attract cartel conduct, the competition regulator is encouraging the Queensland government to share data on bids for Brisbane Olympics projects.
Jayco must spell out its claim that it explained the specific features of its recreational vehicles to customers, as part of its defence to an ACCC case over alleged misleading statements, a judge has said.
The competition regulator has reached a data-sharing agreement with NSW to combat bid rigging on state contracts worth a total of $42 billion annually, in a partnership that will deploy AI to find potential cartel culprits.
Telstra has reached an agreement with the consumer regulator after a court found the telco misled thousands of broadband customers about the speed of its budget internet provider, Belong.
A judge has ordered embattled Optus to pay a $100 million penalty for “appalling” contraventions, after the telco admitted staff pressured customers into buying phones they couldn’t afford.
Advice platform JustAnswer is accused of duping customers into signing up for expensive monthly subscriptions by advertising a $2 joining fee, and falsely holding itself out as affiliated with the Fair Work Ombudsman.
A judge has ordered Facebook owner Meta to file its defence in the Australian Competition and Consumer Commission’s three-year-old case over scam cryptocurrency ads on the social media platform.
Facing allegations that it misused its market power with major retailers, Mastercard is challenging a ruling for the ACCC that lays bare discussions about merchant agreements involving inhouse lawyers.
The ACCC has raised competition concerns about the proposed acquisition of Benedict Recycling by its “closest competitor” Igneo Infrastructure Partners, a subsidiary of Australian asset management giant First Sentier Investors.