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Global law firm Dentons has expanded its presence in Australia with a fifth office Down Under, this one in Melbourne.
ACCC updates media merger guidelines for digital age
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The competition regulator on Wednesday released updated guidelines for media merger reviews, saying key to its analysis would be competition and media diversity, the impact of new technology and access to premium content.
Google blasts EU’s ‘novel theory’ in appeal of €2.4B fine
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Google Inc. has hit back at the European Union for leveling a €2.4 billion antitrust fine, saying in a court filing released Monday that the decision was based on a “novel theory” that did not prove an injury to rivals.
Banks sidestep ACCC ruling on Apple Pay, join forces on app
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Having failed to get the competition regulator’s OK to jointly bargain with Apple Pay, three of Australia’s largest banks are banding together to create their own smartphone app.
Seafolly suit says Seko deal no day at the beach
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Aussie swimwear company Seafolly Pty Ltd has sued two units of global logistics giant Seko Group, saying they breached Australian consumer law by misrepresenting their capabilities in a shipping contract they entered into.
US antitrust head promises strong international cooperation
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The newly installed Department of Justice antitrust head in the U.S. said Friday that international enforcement will be among his top priorities.
Competition lawyers brace for tougher enforcement
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Lawyers are advising large companies to look hard at their business plans to keep on the good side of the Australian Competition and Consumer Commission now that the enforcer has a new arsenal to deploy.
ASIC wins $1M in first fine for breach of best interests
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The Australian Securities and Investments Commission has won a $1 million penalty against a financial advice firm for breaching the so-called best interest duty, the first ever penalty imposed for such a violation.
Rod Sims ready to net big fish with ACCC’s new powers
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The likes of Google, Facebook and Amazon could find themselves in the crosshairs of a newly empowered Australian competition regulator, and Rod Sims wants to move fast, the chairman told Lawyerly.
NBN complaints skyrocket, ACCC report says
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Complaints to the Telecommunications Industry Ombudsman about the National Broadband Network increased 79 percent in the past year, even when new additions to the network were taken into account, according to a new report by the Australian Competition and Consumer Commission.