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A parliamentary committee has called on the ACCC to investigate Apple's digital payments market power, finding that the sector is "anti-competitive, opaque and complex".
The corporate regulator says platform super trustees are failing to monitor excessive advice fees, risky adviser behaviour and high-risk super switching, despite $1 billion in losses suffered by investors in the wake of the collapse of the Shield and First Guardian Master Funds.
Social media companies may soon face penalties of up to $99 million for failing to comply with new rules barring children under 16 from accessing their platforms.
Online retailer HSK United has agreed to pay two infringement notices totaling $79,200 after the consumer watchdog alleged its websites Pain Free Aussies and Modern Aussies contained misleading pricing and returns information.
Construction PRO
Japan's Mitsubishi Estate Asia will sell its 49.9 per cent stake in the $500 million Stockland Residential Rental Partnership portfolio to Mercer Investments.
Coles and Woolworths could face penalties of more than $10 million under new supermarket price-gouging laws that come into effect next week, and the ACCC says community concerns will guide its enforcement priorities.
The Australian Securities and Investments Commission has brought proceedings against former Keystone directors and compliance committee members, the latest in a flurry of suits over the collapse of the Shield and First Guardian Master funds.
The ACCC has taken a debt collection agency and an associated legal practice to court for sending 320,000 allegedly misleading debt notices, describing the legal practice's alleged conduct as "particularly troubling".
DC Comics has dropped its appeal of a ruling allowing a Sydney man's registration of 'kryptonite diet' as a trade mark, which it argued had been made in bad faith given its sizable reputation in the fictional substance from the Superman franchise.
US-based keg pooling company Kegstar has offered the ACCC a court-enforceable undertaking under which it would not enforce exclusivity provisions in its contracts for three years, in a bid to secure approval for its proposed acquisition of the assets of rival Konvoy.