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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.
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.
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.
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.
A judge has sent a dispute between oil giant Viva Energy and a Panama-based oil transporter over petroleum allegedly contaminated during transport into arbitration.
A Sydney franchisee who claimed he sunk more than $160,000 into two swim schools that were never built has lost his case for damages against troubled franchise Jump!, as it faces ongoing questions from the consumer watchdog.
Private construction company Hutchinson Builders has resolved a lawsuit it brought against the Australian Competition and Consumer Commission seeking to quash what it called an invalid notice to produce documents to the regulator, which has vowed to bring cases against the construction industry this year.
The Australian Competition and Consumer Commission has signed off on pharmaceutical giant GlaxoSmithKline’s proposed acquisition of fellow heavyweight Pfizer, a merger which will put pain medications Panadol, Voltaren and Advil all under one roof, with the competition cop saying Nurofen maker Reckitt will still be able to compete.
Pop singer Guy Sebastian will enter mediation later this month in an attempt to settle his dispute with former manager Titus Day over allegedly unpaid entitlements for promotional work.
A judge has granted a bid to add former Radio Rentals CEO James Marshall and the beleaguered company's insurer, AIG Australia, as respondents in a class action, over the protests of Marshall's lawyer, who said his client couldn't afford to pay for his defence.