Clorox has been hit with a $8.25 million penalty for representing to consumers that certain GLAD garbage bags were sourced from plastic fished from the ocean.
ACCC commissioner Liza Carver is leaving the regulator just three years into a five-year tenure, at a time of a noticeable drop in enforcement by the competition cop under Gina Cass-Gottlieb.
Port logistics giant Qube has won the ACCC’s blessing to buy port operations provider MIRRAT under the condition that it agree to not discriminate against downstream competitors at the Port of Melbourne.
The competition regulator has signed off on Woolworths’ acquisition of chilled ready meals supplier Beak & Johnston, finding rival retailers would still have plenty of options for supplying ready meals.
In a loss for the ACCC, the High Court has found builder J Hutchinson did not arrive at an anti-competitive understanding with the CFMEU merely by yielding to a threat of industrial action.
The Albanese government has vowed to ban price-gouging by supermarkets if reelected, despite the Australian Competition and Consumer Commission’s supermarkets inquiry finding no evidence of excessive pricing.
The ACCC has found Coles and Woolworths operate as an oligopoly with “little incentive” to compete but has stopped short of recommending a break-up or similar strong measures, saying there is no “silver bullet”.
The ACCC has issued guidelines on a new merger review framework that will commence in a few months, outlining when so-called ‘serial’ and ‘killer’ acquisitions may come under fire. Draft merger assessment guidelines released Thursday detail the analytical framework the Australian Competition and Consumer Commission will bring to bear when deciding whether to green light…
The Australian Competition and Consumer Commission has cleared Vocus’ proposal to acquire parts of TPG Telecom’s business for $5.25 billion, finding the combined entity would face strong competition from other telecoms.
ExxonMobil Australia and Woodside Energy have approved a final investment for a project to drill new wells offshore in Victoria’s Gippsland Basin.