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Full Court triples ‘manifestly inadequate’ penalty against Employsure
Competition & Consumer Protection 2023-02-08 11:34 am By Cindy Cameronne

The Australian Competition and Consumer Commission has won its appeal against Employsure over alleged misleading Google advertisements, with the Full Federal Court upping the penalty against the specialist workplace relations consultancy from $1 million to $3 million.

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Judge ‘confused’ by ACCC’s rejection of $1.8B Telstra, TPG mobile network deal
Competition & Consumer Protection 2023-01-30 4:49 pm By Cindy Cameronne

The ACCC’s rejection of a regional network arrangement between Telstra and TPG was “confusing” and the telecos might be free to vary the transaction, says a judge who is overseeing a challenge to the competition regulator’s decision.

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ACCC takes aim at social media influencers
Social Media 2023-01-27 1:50 pm By Sam Matthews

The Australian Competition and Consumer Commission has begun a sweep of social media sweep over concerns about “manipulative marketing techniques” employed by influencers.

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ACCC considers sell-off in Sika’s bid to absorb MBCC
Corporate 2023-01-20 3:02 pm By Sam Matthews

The Australian Competition and Consumer Commission is weighing up undertakings proposed by Swiss construction chemical company Sika AG to alleviate concerns that its planned acquisition of Germany-based MBCC Group would be anticompetitive.

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Retail Food Group agrees to $10M settlement in ACCC case
Competition & Consumer Protection 2022-12-23 5:27 pm By Cat Fredenburgh

Retail Food Group has agreed to a settlement worth $10 million in ACCC proceedings alleging the franchise giant misled purchasers of loss-making stores about the viability of its stores.

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Dan Murphy’s owner wins ACCC blessing for Beachfront Hotel acquisition
Food and Beverage 2022-12-23 8:06 pm By Cat Fredenburgh

The Australian Competition and Consumer Commission has given the green light to Endeavour Group’s acquisition of the Beachfront Hotel north of Darwin after the Dan Murphy’s owner agreed to divest a nearby bottle shop.

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ACCC to weigh competition with, and without, Armaguard, Prosegur tie-up
Competition & Consumer Protection 2022-12-21 10:50 pm By Christine Caulfield

The proposed Armaguard merger with rival Prosegur will clearly reduce competition in the cash transport industry but the world without the tie-up might be just as bleak, the ACCC has said.

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Aussie Skips, CEO charged with cartel offences
ACCC 2022-12-19 4:13 pm By Sam Matthews

Aussie Skips Recycling and Aussie Skips Bin Services have been charged with two criminal cartel offences over alleged price fixing for demolition waste services in Sydney.

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ACCC accuses wealth guru Dominique Grubisa of misleading students
Competition & Consumer Protection 2022-12-16 9:53 pm By Cindy Cameronne

The Australian Competition and Consumer Commission has taken wealth guru Dominique Grubisa and her business DG Institute to court for allegedly misleading students of their real estate investing and wealth management programs.

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ING Bank ran afoul of Consumer Data Right rules, ACCC claims
Competition & Consumer Protection 2022-12-16 4:00 pm By Christine Caulfield

ING Bank has paid penalties of over $50,000 to the ACCC to resolve claims it failed to comply with the Consumer Data Right rules and misled consumers in relation to the security of its CDR service.

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