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ANZ wins access to JPMorgan settlement chats in cartel case
Competition & Consumer Protection 2021-10-11 2:49 pm By Miklos Bolza

A judge overseeing a cartel case over a $2.5 billion ANZ share placement has granted ANZ’s bid for unredacted documents which the bank says will support its claims that the case should be permanently stayed because of improper dealings between whistleblower JPMorgan, ASIC and the ACCC.

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ACCC investigates Qube’s ‘worrying’ $90M acquisition of bulk grain terminal
Competition & Consumer Protection 2021-10-07 2:30 pm By Bianca Hrovat

The Australian Competition and Consumer Commission has launched an investigation into logistics company Qube’s recent $90 million acquisition of the Newcastle Agri Terminal.

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ACCC calls for greater power as report reveals Google’s ad-tech dominance
Competition & Consumer Protection 2021-09-28 4:07 pm By Bianca Hrovat

The Australian Competition and Consumer Commission says it should be given more power to regulate the $9.5 billion advertising technology sector, after a report revealed Google’s overwhelming dominance could lead to consumers paying more for advertised goods.

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Prosecutors close to resolving criminal charges in cartel case against Vina Money
Competition & Consumer Protection 2021-09-28 1:25 pm By Miklos Bolza

Prosecutors have told a court they are nearing deals with a number of individuals accused of criminal charges in its cartel case against Vina Money Transfer.

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Objection to barrister’s eye rolling during BlueScope cross-exam shot down
Competition & Consumer Protection 2021-09-27 9:29 pm By Cindy Cameronne

A judge hearing a price-fixing case against steel giant BlueScope has overruled an objection to the ACCCs barrister’s allegedly excessive “eye-rolling” and “scathing and sarcastic” manner during a cross-examination in which the company’s general manager was accused of lying under oath.

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ACCC loses bid for info on ‘very senior people’ involved in Google privacy changes
Article 2021-09-27 1:26 pm By Cat Fredenburgh

A judge has rejected a request for further information on ‘very senior’ Google employees involved in a notification related to a change to Google’s privacy policy which at the centre of court proceedings brought by the ACCC.

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ACCC concerned JBS acquisition would give it too much pork on its fork
Competition & Consumer Protection 2021-09-16 12:58 pm By Miklos Bolza

The ACCC has called for further public submissions on a proposed acquisition by JBS Australia of a Singapore-owned pig farm and abattoir business after it raised preliminary competition concerns with the $175 million sale.

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ACCC to probe Apple Pay restrictions on banks
Competition & Consumer Protection 2021-09-13 2:26 pm By Bianca Hrovat

The Australian Competition and Consumer Commission is investigating competition concerns about Apple’s refusal to allow third party access to the near-field communication chip that allows iPhone users to make ‘tap and go’ payments through Apple Pay.

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ACCC says Qantas, Japan Airlines alliance could cause prices to soar
Competition & Consumer Protection 2021-09-13 5:06 pm By Bianca Hrovat

A proposed alliance between Qantas and Japan Airlines has failed to take flight after the Australian Competition and Consumer Commission said the coordination of flights between Australia, New Zealand and Japan could cause ticket prices to soar.

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Bathroom brand Nero admits engaging in likely resale price maintenance
Competition & Consumer Protection 2021-09-08 4:44 pm By Bianca Hrovat

The Australian Competition and Consumer Commission has accepted a court-enforceable undertaking from designer tapware supplier Nero Bathrooms following revelations the company likely engaged in resale price maintenance.

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