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Optus slapped with $12m penalty over Triple-0 outage
Telecommunications 2024-11-08 2:36 pm By Julia Kanapathippillai

Optus has been hit with a $12 million penalty over a ā€œpreventableā€ nationwide network outage in November 2023, which left thousands of customers unable to make emergency calls.

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ACCC takes Magnamail to court for misleading prize promotions
Competition & Consumer Protection 2024-11-08 4:26 pm By Julia Kanapathippillai

Court action by the ACCC alleges mail order company Magnamail made misleading statements to hundreds of thousands of people about prizes they weren’t eligible to win.

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Chemist Warehouse, Sigma win ACCC approval for $8.8B merger
Competition & Consumer Protection 2024-11-07 4:41 pm By Julia Kanapathippillai

The competition regulator has given its blessing to the $8.8 billion merger of Chemist Warehouse and Sigma Healthcare, subject to a promise that franchisees will be free to terminate their contracts.

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Blackstone’s bid to acquire I’rom raises competition concerns over clinical trials
Healthcare 2024-11-07 11:32 pm By Julia Kanapathippillai

The ACCC has red flags about the acquisition of Japanese healthcare business I’rom Group by private equity behemoth Blackstone.

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