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.
The competition regulator has again raised concerns about how a planned acquisition by Dan Murphyâs 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 Endeavourâs purchase of the Rye Hotel on Victoriaâs Mornington Peninsula…
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.Â
A New South Wales developer’s argument that the Full Court was “plainly wrong” to dismiss the ACCCâs competition case against NSW Ports over the privatisation of two ports is destined for the High Court, a judge has heard.Â
In the latest setback for Qantas, the ACCC has said it intends to deny the embattled airline’s bid to coordinate operations with China Eastern Airlines on flights between Australian and China in light of competition concerns.
A battle with the competition regulator over the proposed ANZ, Suncorp tie-up has begun, with the first clash involving a group of rival lenders that want their submissions to the ACCC kept under lock and key.
The ACCC has delayed its decision on whether to greenlight Coles’ plans to acquire milk processing plants from Saputo, after expressing competition concerns about the $105 million deal.
The Australian Competition and Consumer Commission has taken eHarmony Inc to court, alleging the dating site misled users about its advertised ‘free dating’ membership and that its automatic renewal was a âsubscription trapâ.Â
Telco Swift Networks has been hit with a $1.2 million penalty for bid rigging and price fixing in the tender process for supplying IT and communications equipment for three Rio Tinto and Fortescue Metals mining projects in WA’s Pilbara region.
The consumer regulator has asked a judge to impose penalties of almost $10 million against Honda Australia for misleading the customers of two former authorised dealerships, a penalty up to 10 times what the car maker says it should pay.