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Samsung hit with $14M penalty for misleading Galaxy waterproof claims
Samsung Australia has been slapped with a $14 million penalty for running ads that misrepresented that its Galaxy smartphones could be used in pool and sea water.
Apple, Google hit with class actions over app store commissions
Apple and Google have been hit with class actions alleging they violated competition laws by charging customers inflated commission on certain apps and in-app purchases.
ACCC flags competition concerns with Dye & Durham’s $2.9B bid for Link
The ACCC has raised concerns that Canada-based Dye & Durham's proposed $2.9 billion acquisition of technology services provider Link could harm competition in the market for digital conveyancing services.
Money transfer biz directors slapped with first-ever sentences for cartel conduct
The directors of two money transfer businesses accused of fixing foreign exchange rates are the first ever individuals to be sentenced in Australia to prison terms for criminal cartel conduct.
ACCC may put brakes on Aurizon’s $2.3B bid for One Rail
The Australian Competition and Consumer Commission has raised preliminary concerns that Aurizon's proposed $2.3 billion acquisition of rail haulage company One Rail could stymie competition in the NSW and Queensland markets for coal haulage services by rail.
Meta wants details of tech capabilities kept under wraps in ACCC case
Facebook owner Meta is fighting for broad non-publication orders in its battle with the ACCC over material it says could prejudice jury members in criminal proceedings by mining magnate Andrew Forrest.
ACCC, Fujifilm ‘close’ to settling case over small biz contracts
The Australian Competition and Consumer Commission is “close” to settling its case against office supply company Fujifilm over allegedly unfair contracts with small businesses, a court has heard.
‘High prices, worse service’: Optus CEO lashes proposed TPG-Telstra deal
The CEO of Optus has come out swinging against a proposed 10-year agreement between TPG and Telstra to share mobile network infrastructure and spectrum in parts of regional Australia, warning it would harm consumers.
Roof tiling companies to cop penalty in ACCC cartel case
Two Sydney roof tiling businesses have made admissions in civil penalty proceedings brought by the Australian Competition and Consumer Commission alleging they rigged bids for construction at the University of Sydney.
ACCC swipes at Mastercard for alleged interchange rate agreement with retailers
The ACCC has taken Mastercard to court for allegedly misusing its market power by giving major retailers discounted interchange rates in exchange for them agreeing to process their debit card transactions through Mastercard instead of the cheaper eftpos network.