A unit of Yazaki Corp is seeking High Court approval to file an appeal after the Full Federal Court handed down a record $46 million penalty against the car parts maker for colluding with a competitor on prices for wire harnesses supplied to Toyota.
Australia’s largest media union has called on the ACCC to block the proposed merger of Nine Entertainment and Fairfax Media, saying it’s a threat to media diversity in an already heavily consolidated media industry.
Europcar has been hit with an enforcement action by the Australian Competition and Consumer Commission accusing the rental car company of slapping customers with excessive credit and debit card payment surcharges.
TransUrban on Monday submitted its bid for a 51 percent stake in the $16.8 billion WestConnex project being sold by the NSW Government, despite the ACCC’s delay in signing off on the deal after expressing concerns it might hinder competition.
Japanese retail store Daiso has been fined $355,000 for selling dangerous products, including projectile toys, that did not comply with Australian safety standards.
The Australian Competition and Consumer Commission has accepted the need for expanded fair use copyright exemptions but warned applying one of the existing fairness factors more broadly could hinder innovation and increase investment costs.
The Australian Competition and Consumer Commission has sued Aurizon and Pacific National, claiming a proposed $225 million deal over a major rail freight business in Queensland would have substantially lessened competition.
The Australian Competition & Consumer Commission has postponed its final decision around Sydney Transport Partners’ proposed acquisition of a 51% stake in the $16.8 billion WestConnex project from the NSW Government, citing “unusually complex competition issues”.
The ACCC is working on a court enforceable undertaking with Apple’s Australian unit after it reached a $9 million settlement with Apple Inc. over allegations the company’s iPhone and iPad repair policies violated the Australian Consumer Law, a Federal Court judge said Wednesday.
Google has been fined a record $6.8 billion by the European Union’s antitrust watchdog for imposing restrictions on its Android operating system to maintain its search engine dominance.