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KWM’s head of competition named new ACCC commissioner
After departing the ACCC 25 years ago for private practice, the national head of King & Wood Mallesons' competition law group has won a five-year appointment as commissioner.
Elders’ $475M bid for Delta Agribusiness wins OK with store sell-off
The ACCC will not stand in the way of Elders’ $475 million takeover of rival farm supplier Delta Agribusiness, after the agribusiness giant provided an undertaking to divest six Delta stores in Western Australia.
ACCC not ready to let Yamaha acquisition of Telwater sail through
The competition regulator has expressed worries that Yamaha Motor's proposed acquisition of aluminium trailer boat maker Telwater could substantially lessen competition in the wholesale supply of outboard motors.
Telstra hit with $18M penalty in ACCC case over Belong speeds
Telstra has been ordered to pay $18 million in ACCC proceedings, after a court found the telco misled thousands of broadband customers about the speed of its budget internet provider Belong.
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Brisbane Olympics procurement ‘highly susceptible’ to cartel conduct: ACCC
Warning of the propensity for major events procurement to attract cartel conduct, the competition regulator is encouraging the Queensland government to share data on bids for Brisbane Olympics projects.
RV maker Jayco must back up defence claim in ACCC case, court says
Jayco must spell out its claim that it explained the specific features of its recreational vehicles to customers, as part of its defence to an ACCC case over alleged misleading statements, a judge has said.
ACCC, NSW join forces to clamp down on supplier bid-rigging
The competition regulator has reached a data-sharing agreement with NSW to combat bid rigging on state contracts worth a total of $42 billion annually, in a partnership that will deploy AI to find potential cartel culprits.
Telstra reaches settlement with ACCC in case over Belong speeds
Telstra has reached an agreement with the consumer regulator after a court found the telco misled thousands of broadband customers about the speed of its budget internet provider, Belong.
Optus fined $100M for ‘appalling’ sales tactics
A judge has ordered embattled Optus to pay a $100 million penalty for “appalling” contraventions, after the telco admitted staff pressured customers into buying phones they couldn't afford.
ACCC sues JustAnswer over ‘manipulative’ subscription trap
Advice platform JustAnswer is accused of duping customers into signing up for expensive monthly subscriptions by advertising a $2 joining fee, and falsely holding itself out as affiliated with the Fair Work Ombudsman.