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VW dieselgate hearings postponed over ACCC objections
Class Actions 2019-05-22 10:11 pm By Miklos Bolza

A hearing scheduled for later this year in several class actions and an ACCC proceeding over allegations Volkswagen installed dual-mode software in diesel vehicles to cheat on emissions tests has been postponed, despite cries of prejudice from the consumer regulator.

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Geelong sues fundraising firm claiming affiliation with the Cats
Competition & Consumer Protection 2019-05-22 9:37 pm By Cat Fredenburgh

The Geelong Football Club has launched Federal Court proceedings against a promotional firm it claims passed itself off as the famous AFL club in order to procure payments from members.

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Origin, Australia Pacific LNG get ACCC approval for $231M sale of Ironback gas project
Competition & Consumer Protection 2019-05-22 12:09 pm By Cat Fredenburgh

The ACCC will not oppose Origin Energy’s sale of the Ironback coal seam gas project to joint venture partner Australia Pacific for $231 million, less than a third of what it paid for the project ten years ago.

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Prosecutors take axe to Country Care criminal cartel case
Competition & Consumer Protection 2019-05-21 10:09 pm By Cat Fredenburgh

The Commonwealth Director of Public Prosecutions has pared its criminal cartel case against Country Care Group and two individuals, cutting over 100 charges in an indictment that details two alleged cartel agreements the Australian mobility equipment provider entered into in relation to bids on NSW government tenders.

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GSK narrowly defeats ACCC’s case over revised Osteo Gel packaging
Competition & Consumer Protection 2019-05-17 11:44 pm By Cat Fredenburgh

GlaxoSmithKline has defeated claims by the ACCC that revised packaging for its now-discontinued pain killer Osteo Gel misled consumers. The drug maker will face penalties for earlier violations it admitted to, but the court hinted the damages will be nowhere near the $6 million competitor Reckitt Benckiser faced in a similar case.

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Facebook, Instagram to fight misuse of market power case by social media startup
Competition & Consumer Protection 2019-05-17 2:27 pm By Christine Caulfield

Facebook and Instagram will defend against claims they misused their market power to block an Australian marketing startup from their platforms, saying the company – which sends scheduled social media posts for clients — had breached their terms of use.

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Pacific National’s undertaking better for rail competition, says judge in tossing ACCC case
Competition & Consumer Protection 2019-05-16 11:50 pm By Christine Caulfield

Potential new entrants to a major freight terminal in Queensland will be “better protected” by a last-minute promise by the terminal’s hopeful owner, Pacific National, than if the ACCC had succeeded in blocking the rail operator’s proposed $205 million acquisition, according to the judge who dismissed the competition watchdog’s case.  

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ACCC issues mea culpa after TPG, Vodafone merger gaffe
Competition & Consumer Protection 2019-05-16 10:44 pm By Cat Fredenburgh

The Australian Competition and Consumer Commission has apologised for botching the announcement of its plan to block the $15 billion merger of TPG and Vodafone, blaming a computer glitch for the error.

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ACCC loses court challenge to Pacific National, Aurizon terminal deal
Competition & Consumer Protection 2019-05-15 9:09 pm By Amelia Birnie

The Australian Competition and Consumer Commission has suffered a major defeat in its challenge to Pacific National’s proposed $205 million acquisition of competitor Aurizon’s Queensland freight terminal, with a judge saying he was appeased by a last-minute promise from Pacific that it would not block third parties from accessing the terminal.

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ACCC to review ANZ Terminals $350M bid for GrainCorp unit
Competition & Consumer Protection 2019-05-14 8:43 pm By Miklos Bolza

The Australian Competition and Consumer Commission has opened a review into the proposed $350 million acquisition of a unit of global agribusiness GrainCorp by storage and handling specialist ANZ Terminals.

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