ACCC

Google has agreed to pay a $55 million penalty for making anti-competitive agreements requiring Telstra and Optus to pre-install Google Search on Android devices they sold.

Hospitality group EVT Group has acquired hotel management company Pro-Invest Hotels for $74 million to seed the launch of its own brand management business.

Mastercard says legal professional privilege remained over a document after a junior lawyer "inadvertently" sent it to the ACCC in 2020 while the credit card giant was trying to dissuade the regulator from continuing an investigation into alleged anti-competitive conduct.

The competition watchdog has raised concerns over the proposed tie-up of Kegstar and Konvoy -- the only operators in the niche industry of keg pooling -- saying the deal could mean higher prices.

A landmark finding that Apple and Google misused their market power will boost competition claims -- including class actions -- against other dominant digital market players and could prompt the ACCC to consider action, experts told Lawyerly.  

A judge has signed off on a $9 million penalty against online flight bookings service Webjet for misleading air travelers about prices and bookings.

Glencore Coal has lost its case against the Port of Newcastle alleging it has been overcharged shipping fees based on a determination by the competition watchdog.

The ACCC is concerned Acciona’s proposed acquisition of the East Rockingham waste-to-energy project would remove competition between the only two such facilities in Western Australia. 

The ACCC will not oppose the Omnicom Group’s planned $21 billion acquisition of The Interpublic Group of Companies, with the regulator finding the transaction was not likely to substantially lessen competition.

The Australian Competition and Consumer Commission will not oppose an acquisition by Lactalis of assets of New Zealand dairy cooperative Fonterra if the French multinational is successful in its bid.