ExxonMobil Australia and Woodside Energy have approved a final investment for a project to drill new wells offshore in Victoria’s Gippsland Basin.
The Albanese government has pledged to extend unfair trading practice protections under the Australian Consumer Law to small businesses.
The competition watchdog has raised concerns with stevedoring company DP World Australia’s proposed $174 million acquisition of logistics provider Silk, saying it may lead to higher prices.
The Port of Newcastle has lost its bid to move a lawsuit filed by Glencore Coal over $870,000 in alleged overcharged shipping fees to the Federal Court.
The ACCC has issued guidance on the transition to its new mandatory merger control regime, warning businesses to make requests for informal reviews under the old regime soon or risk running out of time.
Online flight bookings service Webjet has agreed to cop a $9 million penalty for misleading air travelers about prices and bookings, just months after the consumer cop took it to court.
Mining giant Glencore has sued the operator of the Port of Newcastle over shipping fees, alleging it has been overcharged over $800,000 after the port authority disregarded a determination by the competition watchdog.
A key issue in the ACCC’s price-fixing case against Downer EDI’s Spotless and Ventia is likely to focus on whether the facilities services companies were in competition, a court has heard.
Trial in the ACCC’s misuse of market power case against Mastercard has been pushed to 2026, after the US company failed to comply with discovery orders.
Law firms running competing class actions against Coles and Woolworths over alleged illusory discounts have agreed to join forces, but a judge has warned he will not simply “rubber stamp” the arrangement.