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Sigma tries to ease concerns over $8.8B Chemist Warehouse tie-up
Corporate 2024-10-01 11:13 pm By Andy Sidler

Drug supplier Sigma Healthcare has offered an undertaking in a bid to allay the competition regulator’s concerns about its proposed merger with Chemist Warehouse.Ā 

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Olam Agri offers to divest Queensland Cotton gin to acquire Namoi Cotton
Competition & Consumer Protection 2024-09-30 1:10 pm By Cindy Cameronne

Olam Agri Holdings has offered to divest its Queensland cotton gin and a 20 per cent holding in a leading Australian cotton classing company to win approval for its takeover of Namoi Cotton.

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EnergyAustralia hit with $14M penalty for misleading consumers about prices
Competition & Consumer Protection 2024-09-26 11:13 pm By Andy Sidler

In a first, EnergyAustralia has been ordered to pay $14 million for breaching the Electricity Retail Code by misleading customers about prices.

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ACCC clears Lendlease’s $1.3B property deal with Stockland
Corporate 2024-09-26 1:52 pm By Sam Matthews

The ACCC will not oppose Lendleaseā€™s plan to sell a portfolio of residential projects to Stockland for $1.3 billion after accepting Stocklandā€™s plan to divest a project in Illawarra.Ā 

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CSR Bradford to hand over docs for possible competition case
Competition & Consumer Protection 2024-09-25 2:51 pm By Cindy Cameronne

Building insulation supplier CSR Bradford will provide discovery to Consolidated Energy after the independent distributor foreshadowed action alleging misuse of market power.Ā 

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Coles, Woolworths taken to court by ACCC over ‘illusory’ discounts
Competition & Consumer Protection 2024-09-23 2:20 pm By Christine Caulfield

Major supermarkets Coles and Woolworths have been taken to court by the consumer regulator, accused of inflating prices for short periods in order to advertise more attractive discounts.

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Captain Cook, ACCC to mediate after failed High Court appeal
Competition & Consumer Protection 2024-09-23 11:23 pm By Andy Sidler

Captain Cook College and its COO will attempt to reach an agreement on penalty with the ACCC after the High Court knocked back their appeal of a systemic unconscionable conduct finding.

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Harvey Norman hit with second class action over ‘junk’ warranties
Competition & Consumer Protection 2024-09-19 4:49 pm By Cindy Cameronne

A second law firm has filed a class action against Harvey Norman alleging it sold extended warranties to customers that had ā€œno real valueā€.

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Harvey Norman hit with class action over ‘junk’ warranties
Class Actions 2024-09-18 9:31 am By Cat Fredenburgh

Harvey Norman has been hit with a class action on behalf of customers who paid hundreds of millions of dollars for allegedly “worthless” warranties that offered zero added protection.

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Mastercard takes swipe at use of Reserve Bank statistics in ACCC’s case
Competition & Consumer Protection 2024-09-17 11:28 pm By Christine Caulfield

Mastercard is fighting an evidentiary win for the competition watchdog in a case alleging the payments giant misused its market power in deals with major retailers.

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