Rail freight operator Pacific National has promised the Australian Competition and Consumer Commission it won’t discriminate between users of the Acacia Ridge Terminal in Queensland, one of several proposed concessions it offered in hopes of winning the regulator’s blessing on its proposed deal to acquire the terminal from Aurizon Holdings Limited.
Westpac Banking Corp. will go it alone and defend itself at trial against claims by Australia’s securities regulator that it rigged interest rates, after National Australia Bank and Australia and New Zealand Banking Group reached settlements on the eve of trial.
A date has been set for the Full Federal Court to hear Prysmian Cavi E Sistemi’s appeal of a $3.5 million fine in a case brought by Australia’s competition regulator against the Italian cable manufacturer for alleged cartel conduct.
Family-owned Taylor Wines won the interim OK from the competition watchdog to jointly promote the sale of wine through food delivery site Deliveroo with competing wine producers, including Yalumba and Brown Brothers.
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.
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.
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.
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.
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.
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.