Tabcorp takes Tatts merger bid back to tribunal

Posted on 2017-10-242017-10-24 by Cat Fredenburgh

Please login to bookmark

The Australian Competition Tribunal takes centre stage again this week in the long-running battle by wagering group Tabcorp to merge with lotto giant Tatts.

Subscribe to Lawyerly to access this article.

Already a subscriber?
Lost your password?

Corporate penalties to triple under new proposal

Posted on 2017-10-242017-10-24 by Cat Fredenburgh

Please login to bookmark

The Australian Securities and Investments Commission could get more teeth under a new proposal by a Turnbull government taskforce released Tuesday, with penalties for corporate crime tripling from $1 million to $3 million.

Subscribe to Lawyerly to access this article.

Already a subscriber?
Lost your password?

ACCC has banner year for enforcement

Posted on 2017-10-242017-10-24 by Cat Fredenburgh

Please login to bookmark

Australia’s consumer regulator raked in sizable penalties in the past financial year, winning $41 million in competition and consumer protection matters combined. And with newly passed laws that give it more teeth, the ACCC could be set to inspire even greater fear in the coming year.

Subscribe to Lawyerly to access this article.

Already a subscriber?
Lost your password?

ACCC sounds death knell for domestic roaming

Posted on 2017-10-232017-10-23 by Cat Fredenburgh

Please login to bookmark

Domestic roaming is not the answer to sub-par mobile phone coverage in regional Australia, the competition watchdog has said in a big win for Telstra.

Subscribe to Lawyerly to access this article.

Already a subscriber?
Lost your password?

Norton Rose reps Aussie pork group in ACCC bid

Posted on 2017-10-232017-10-23 by Cat Fredenburgh

Please login to bookmark

The body representing Australian pork producers has asked the competition regulator for the OK to make its quality pork certification conditional on the use of an independent, third-party auditing company.

Subscribe to Lawyerly to access this article.

Already a subscriber?
Lost your password?

ANZ settles with ASIC on eve of trial

Posted on 2017-10-232019-06-22 by Cat Fredenburgh

Please login to bookmark

Australia and New Zealand Banking Group Ltd. has reached an 11th-hour deal with the securities regulator over allegations of interest rate rigging.

Subscribe to Lawyerly to access this article.

Already a subscriber?
Lost your password?

White & Case celebrates Down Under as litigation cloud lifts

Posted on 2017-10-202017-10-21 by Cat Fredenburgh

Please login to bookmark

Five months after settling litigation with Herbert Smith Freehills over the poaching of eight partners — and just one month after the settlement’s anti-poaching restrictions expired — U.S.-based firm White & Case has celebrated its entrance into Australia with launch parties in Melbourne and Sydney.

Subscribe to Lawyerly to access this article.

Already a subscriber?
Lost your password?

Telstra repays footy fans after ACCC probe

Posted on 2017-10-202017-10-23 by Christine Caulfield

Please login to bookmark

AFL app users will get refunds from Telstra after the consumer watchdog called the company out over its app ads, which gave the impression subscribers could stream live matches full-screen on mobile phones and tablets.

Subscribe to Lawyerly to access this article.

Already a subscriber?
Lost your password?

Major overhaul to competition law passes Parliament

Posted on 2017-10-182017-10-24 by Cat Fredenburgh

Please login to bookmark

Major changes to Australian competition law that include a ban on companies engaging in concerted practices have passed Parliament, and the competition watchdog says it’s ready to crack down on offenders.

Subscribe to Lawyerly to access this article.

Already a subscriber?
Lost your password?

ACCC calls out power cos. for ‘skyrocketing’ electricity prices

Posted on 2017-10-172017-10-21 by Cat Fredenburgh

Please login to bookmark

Electricity prices in Australia have skyrocketed and its hurting Australians, the consumer regulator has said in a damning report that faults power companies for confusing customers and finding loopholes in the law.

Subscribe to Lawyerly to access this article.

Already a subscriber?
Lost your password?