Aft says Reckitt suit over Maxigesic ads too hard to swallow

Posted on 2017-10-272017-10-27 by Cat Fredenburgh

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Aft Pharmaceuticals has denied claims brought by consumer goods giant Reckitt Benckiser that ads for Aft’s over-the-counter painkiller Maxigesic are misleading and causing harm to Reckitt’s brand.

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ACCC to review $1.3B milk merger

Posted on 2017-10-272017-10-27 by Cat Fredenburgh

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The Australian Competition and Consumer Commission will review the proposed $1.3 billion sale of milk processor Murray Goulburn Cooperative to Canada’s dairy giant, Saputo.

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Cement Australia must pay ACCC legal bill

Posted on 2017-10-262017-10-27 by Cat Fredenburgh

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Cement Australia will have to foot most of the Australian Competition and Consumer Commission’s appeal bill, despite the regulator coming up short in its bid to have a penalty against the cement giant for alleged anti-competitive conduct increased by $80 million.

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Australian Olympic Committee loses fight over Telstra’s Rio ads

Posted on 2017-10-262017-10-27 by Cat Fredenburgh

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The Australian Olympic Committee lost its challenge to a court ruling that found for Telstra in a consumer and intellectual property battle over the company’s ‘Go to Rio’ ad campaign.

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ACCC sees no problem with $54B Essilor, Luxottica tie-up

Posted on 2017-10-262017-10-26 by Cat Fredenburgh

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French optical lenses giant Essilor has secured the blessing of the Australian competition regulator for its $54 billion merger with the world’s largest supplier of eyewear, Italy’s Luxottica Group.

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Borg gets ACCC green light to buy plants from timber giant

Posted on 2017-10-26 by Cat Fredenburgh

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Building materials manufacturer the Borg Group has been given the all-clear by the competition regulatory to buy two plants from Australia’s largest supplier of wood products.

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Judge fines computer shop $750k for misleading consumers

Posted on 2017-10-252017-10-26 by Cat Fredenburgh

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A federal court judge has ordered Australian computer retailer MSY Technology to cough up $750,000 for misrepresenting consumers rights to remedies on faulty products.

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ACCC puts companies on notice with guidance

Posted on 2017-10-252017-10-25 by Christine Caulfield

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The competition watchdog has released anticipated guidelines on the new reforms to competition law passed last week, with businesses now on notice that non compliance is not an option.

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Trial postponed in ACCC case against Apple

Posted on 2017-10-252017-10-26 by Christine Caulfield

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The trial in the consumer regulator’s case against Apple alleging iPhone and iPad users were misled about their rights has been put on hold to give both sides more time.

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Commission calls for product safety law overhaul

Posted on 2017-10-252017-10-25 by Cat Fredenburgh

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A new report calls for an overhaul of mandatory product standards, saying reforms would increase competition and lead to annual savings of $350 million.

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