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ACCC flags competition concerns about Bis-Cougar Mining deal
Competition & Consumer Protection 2019-08-08 9:23 pm By Cat Fredenburgh

The competition regulator has raised concerns about Bis Industriesā€™ proposed acquisition of Cougar Mining Group, saying the threat of new competitors appeared unlikely to significantly constrain the combined company.

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Unilever drops appeal over Nivea deodorant claims
Competition & Consumer Protection 2019-08-05 9:53 pm By Cat Fredenburgh

Consumer giant Unilever has dropped its challenge to a ruling that found competitor Beiersdorf did not make misleading claims about its Nivea clinical strength deodorant products.

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ACCC appeals loss over Woolworths ‘eco’ plate claims
Appeals 2019-08-05 2:37 pm By Cat Fredenburgh

The Australian Competition and Consumer Commission has appealed a Federal Court ruling that found Woolworths’ environmental claims for its line of compostable plates, bowls and cutlery were accurate, not false and misleading.

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ACCC proposals could hurt more than just Google and Facebook
Competition & Consumer Protection 2019-08-02 9:08 pm By Cat Fredenburgh

While the Australian Competition and Consumer Commission has set out to rein in the market power of Google and Facebook, the sweeping proposals in the regulatorā€™s final digital platforms report would affect a large number of businesses and could have a detrimental effect on smaller companies and innovation, lawyers say.

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Ex-Tennis Australia’s Harold Mitchell wants ASIC’s evidence from deceased former director
ASIC 2019-07-30 2:03 pm By Cat Fredenburgh

Ex-Tennis Australia director Harold Mitchell, facing enforcement action by ASIC alleging he breached his duties in awarding Australian Open broadcast rights to the Seven Network, has asked a court for all evidence the regulator obtained from former board member Graeme Holloway, who died in February.

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Stock exchange must hand over docs after investment firm’s suspension
Securities 2019-07-29 10:41 pm By Cat Fredenburgh

A judge has given the all-clear to an investment management company to access evidence for potential legal action against the National Stock Exchange of Australia after the firm’s shares were suspended without warning or explanation.

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Landmark offers to shed stores to win ACCC blessing for $469M Ruralco takeover
Competition & Consumer Protection 2019-07-29 9:48 pm By Cat Fredenburgh

Rural supply giant Landmark’s has offered to sell three stores to win Australian Competition and Consumer Commission approval for its proposed $469 million takeover of competitor Ruralco, a move that would consolidate two of the three largest players in the rural merchandise market.

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Government backs ACCC crackdown on Google, Facebook
Competition & Consumer Protection 2019-07-26 10:19 pm By Cat Fredenburgh

The government has thrown its weight behind the Australian Competition and Consumer Commission’s call for checking the power of Facebook and Google, in a long-awaited final report that recommends a sweep of measures to crack down on the digital giants, and extend well beyond them.

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ACCC flags competition concerns in $350M ANZ Terminals, GrainCorp tie-up
Competition & Consumer Protection 2019-07-25 2:29 pm By Cat Fredenburgh

The Australian Competition and Consumer Commission has expressed competition concerns about ANZ Terminals’ proposed acquisition of a unit of global agribusiness GrainCorp, despite the storage specialist offering to divest one of its terminals to win approval for the $350 million deal.

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Cipla, Mylan settle lawsuit over ‘deceptive’ fenofibrate packaging
Intellectual Property 2019-07-25 12:48 pm By Cat Fredenburgh

Mylan and Cipla have reached a speedy resolution of a consumer lawsuit accusing Cipla of copying the get-up of Mylan’s blockbuster cholesterol drug Lipidil.

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