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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.
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.
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.
Australia and New Zealand Banking Group Ltd. has reached an 11th-hour deal with the securities regulator over allegations of interest rate rigging.
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.
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.
Supermarket chain ALDI has taken its personal hygiene wipes off the shelves after the consumer regulator questioned the company's promotion of the product as flushable.
Hair loss treatment company Advanced Hair will fork over partial refunds to customers who were stuck with the full bill whether they kept up the therapy or not.