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Auction site Grays to cop $10M penalty for misleading car info
Competition & Consumer Protection 2024-02-26 3:23 pm By Cat Fredenburgh

Online auction business Grays has agreed to pay a $10 million penalty for engaging in misleading and deceptive conduct by posting hundreds of descriptions of […]

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Bingo, Aussie Skips hit with $33.5M in cartel penalties, CEOs get community service
Competition & Consumer Protection 2024-02-23 12:52 pm By Sam Matthews

A judge has sentenced the former CEO of Bingo Industries to two years’ imprisonment to be served in the community and imposed $30 million in […]

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ACCC faced ‘formidable obstacle’ in fight against ANZ, Suncorp merger
Analysis 2024-02-20 10:30 pm By Cindy Cameronne

The ACCC’s rejection of a $4.9 billion merger between ANZ and Suncorp was hardly surprising given the concentrated nature of the home loans market, but […]

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ACCC’s decision blocking $4.9B ANZ, Suncorp merger overturned by competition tribunal
Competition & Consumer Protection 2024-02-20 9:56 am By Cindy Cameronne

The ACCC’s decision to block a $4.9 billion merger between ANZ and Suncorp has been set aside, with a tribunal finding the transaction will not […]

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ACCC raises red flags over REA Group’s acquisition of Dynamic Methods
Competition & Consumer Protection 2024-02-15 3:44 pm By Cindy Cameronne

The Australian Competition and Consumer Commission has raised concerns about the owner of realestate.com.au acquiring a national forms platform used by real estate agents, saying […]

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Mazda ordered to pay $11.5M for ‘appalling’ customer service
Competition & Consumer Protection 2024-02-14 3:26 pm By Cat Fredenburgh

Mazda has been ordered to pay $11.5 million after a court found the Japanese car maker engaged in “appalling” customer service and misled nine purchasers […]

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Former ACCC head calls on government to address price-gouging
Competition & Consumer Protection 2024-02-07 10:26 pm By Cat Fredenburgh

A report by former ACCC head Allan Fels has found that corporate greed and lack of competition is to blame for the continued high prices […]

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‘Merger parties must make their case’, ACCC says in push for merger overhaul
Competition & Consumer Protection 2024-02-02 10:34 pm By Cindy Cameronne

Australia’s merger review regime is “outdated” and in need of an overhaul, according to the Australian Competition and Consumer Commission, which says companies must explain […]

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Webb Henderson lures senior disputes partner from Corrs Chambers
Business of Law 2024-02-01 10:13 pm By Cat Fredenburgh

Webb Henderson has snagged a leading litigation and regulatory partner from Corrs Chambers Westgarth to join its team in Sydney. The firm, which punches above […]

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ACCC launches year-long probe into supermarket prices
Competition & Consumer Protection 2024-01-25 10:48 pm By Cindy Cameronne

The Australian Competition and Consumer Commission will conduct a one-year inquiry into supermarket pricing and competition amid concerns by consumers. The treasurer has directed the […]

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