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Meta loses bid to put ACCC’s crypto ad case on ice
Competition & Consumer Protection 2023-10-25 10:59 pm By Cat Fredenburgh

A judge has rejected Facebook owner Meta’s request to pause a case  by the Australian Competition and Consumer Commission over scam cryptocurrency ads until a private criminal action by mining magnate Andrew Forrest is decided.

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Qantas abandons China Eastern pact in another capitulation
Competition & Consumer Protection 2023-10-25 12:56 pm By Christine Caulfield

Qantas has again conceded defeat in the face of opposition by the ACCC, this time bowing out of a joint coordination agreement with China Eastern Airlines.

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Qantas won’t challenge ACCC’s rejection of Alliance tie-up
Competition & Consumer Protection 2023-10-19 9:49 pm By Cat Fredenburgh

Qantas has dropped its bid to acquire Brisbane-based regional airline Alliance Aviation Services, saying a court battle with the competition regulator would be complex and costly.

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ACCC gives green light to $18.7B acquisition of Origin Energy
Competition & Consumer Protection 2023-10-10 10:18 pm By Sam Matthews

The ACCC has approved the buyout of Australian energy giant Origin Energy, after finding that significant competition concerns were outweighed by the likely benefits to the country’s transition to renewable energy.

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ACL offers sell-off to win approval for $1.5B Healius merger
Corporate 2023-10-03 1:17 pm By Sam Matthews

Pathology giant Australian Clinical Labs has proposed a divestiture of collection centres amid competition concerns about its proposed takeover of competitor Healius, the owner of Dorevitch Pathology.

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ACCC takes EnergyAustralia to court over electricity price notices
Competition & Consumer Protection 2023-09-22 12:33 pm By Cindy Cameronne

The Australian Competition and Consumer Commission has brought proceedings against EnergyAustralia for allegedly misleading consumers when notifying them of changes to electricity prices. 

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ACCC shuts down Transurban’s bid for Horizon stake
Competition & Consumer Protection 2023-09-21 11:54 am By Cat Fredenburgh

The Australian Competition and Consumer Commission will not sign off on Transurban’s plan to acquire a majority stake in fellow toll road operator Horizon Roads, finding the deal would likely reduce competition for toll road concessions in Victoria.

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Dan Murphy’s owner’s bid for Mornington Peninsula hotel raises competition concerns
Competition & Consumer Protection 2023-09-21 10:44 pm By Cat Fredenburgh

The competition regulator has again raised concerns about how a planned acquisition by Dan Murphy’s owner Endeavour Group could affect competition in a local market for takeaway liquor. In a statement of issues released Thursday, the Australian Competition and Consumer Commission expressed preliminary worries that Endeavour’s purchase of the Rye Hotel on Victoria’s Mornington Peninsula…

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High Court to hear appeal of ACCC’s unconscionable conduct win against college
Competition & Consumer Protection 2023-09-15 4:54 pm By Cindy Cameronne

The High Court has granted defunct online educator Captain Cook College special leave to appeal a finding that it engaged in systemic unconscionable conduct by enrolling thousands of unsuitable students, who accrued $60 million in debt but never finished their courses. 

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Competition case against NSW Ports destined for High Court, court told
Competition & Consumer Protection 2023-09-15 10:21 pm By Cindy Cameronne

A New South Wales developer’s argument that the Full Court was “plainly wrong” to dismiss the ACCC’s competition case against NSW Ports over the privatisation of two ports is destined for the High Court, a judge has heard. 

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