In its case accusing Australian Gas Networks of greenwashing with ads promising gas was “becoming renewable”, the consumer regulator is pushing the company to identify who it says had reasonable grounds for the statements.
Microsoft has offered to refund millions of customers who the consumer cop says unwittingly subscribed to its AI assistant Copilot without being told a cheaper AI-free option was available.
The ACCC has taken Microsoft to court, alleging the software giant misled 2.7 million customers of its 365 product suite into believing they had to subscribe to its AI assistant Copilot, knowing they were sceptical of the new product.
The ACCC has asked a judge to slap Queensland-based mining equipment company Qteq with a penalty of between $11 million and $13 million after he found the company and its chairman attempted to engage in cartel conduct.
The Australian Competition and Consumer Commission has cleared the way for ASX-listed Cuscal’s to acquire payment facilitation supplier Indue, saying it was unlikely to substantially lessen competition.
The ACCC will oppose US keg services business Kegstar’s plans to acquire the assets of Konvoy Holdings, saying it would substantially lessen competition for keg pooling services.
Having lost a challenge to privatisation agreements by NSW Ports, the competition regulator wants to intervene in a High Court appeal by Mayfield Developments, which failed in its own case against the port authority.
The competition regulator is seeking to intervene in Mayfield Development’s appeal to the High Court in a case the developer says could have “startling” consequences.
After departing the ACCC 25 years ago for private practice, the national head of King & Wood Mallesons’ competition law group has won a five-year appointment as commissioner.
The ACCC will not stand in the way of Elders’ $475 million takeover of rival farm supplier Delta Agribusiness, after the agribusiness giant provided an undertaking to divest six Delta stores in Western Australia.