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ACCC blesses $1.15B Viva Energy, OTR tie-up with divestitures
Competition & Consumer Protection 2023-12-14 10:46 pm By Cat Fredenburgh

The ACCC has signed off on Viva Energy’s $1.15 billion acquisition of South Australia-based convenience store chain On The Run Group, after it agreed to divest 25 Coles Express sites in the state.

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You snooze, you lose sales tactic targeted in ACCC case against mattress supplier Emma Sleep
Retail 2023-12-14 11:16 pm By Christine Caulfield

Online mattress retailer Emma Sleep faces enforcement action by the ACCC alleging the company’s ad campaigns were false and misleading when they implied prices had been discounted and that sales offers would not last long.

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Fitbit hit with $11M penalty for misleading customers about refunds
Competition & Consumer Protection 2023-12-12 3:38 pm By Christine Caulfield

Google’s Fitbit has been ordered to pay $11 million for misleading statements about customers’ rights to refunds or replacements for faulty devices.

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Australia Post to pay $2.9M compensation for lost or damaged parcels
Competition & Consumer Protection 2023-12-19 11:25 pm By Christine Caulfield

Australia Post has agreed to compensate business for lost or damaged parcels after admitting it likely engaged in misleading or deceptive conduct when it refused claims for compensation.

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‘We don’t know’ not a reason to block $4.9B Suncorp merger, ANZ says
Financial Services 2023-12-04 11:17 pm By Cindy Cameronne

ANZ has criticised the ACCC’s objection to its planned $4.9 billion merger with Suncorp, arguing before a tribunal that the alleged “uncertain” effects on competition in banking was not a sufficient reason to block the deal.

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Qantas stands by defence in ghost flights case
Competition & Consumer Protection 2023-12-04 9:54 pm By Cat Fredenburgh

Qantas has hit back the ACCC’s argument that the airline failed to respond to key allegations in its ‘ghost flights’ case, telling the court it’s the regulator’s job to particularise its claims.

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ACCC wins record $15M penalty for resale price maintenance
ACCC 2023-12-01 4:07 pm By Cindy Cameronne

Power tool maker Techtronic has been ordered to pay a record $15 million penalty after admitting it told resellers to set a minimum price for Milwaukee branded products, for which it is a wholesale supplier.

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ACCC clears Coles’ acquisition of Saputo milk processing plants
Competition & Consumer Protection 2023-12-01 10:05 pm By Cat Fredenburgh

The Australian Competition and Consumer Commission will not oppose Coles’ plans to acquire two milk processing plants from Saputo, saying the $105 million deal is not likely to substantially lessen competition.

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Businesses to face steep penalties for failing to block scams
Policy and Regulation 2023-11-30 4:17 pm By Cat Fredenburgh

The Albanese Government has floated a new regulatory framework under which businesses would face steep penalties for failing to do their part to prevent scams.

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Yoghurt maker Moo removes ‘100% ocean plastic’ claim from tubs
Competition & Consumer Protection 2023-11-28 1:39 pm By Christine Caulfield

Moo Premium Foods has agreed to remove claims from its yoghurt tubs that the packaging is made from 100% ocean plastic, following an investigation by the ACCC as part of the regulator’s crackdown on greenwashing.

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