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Booktopia agrees on penalty in ACCC case over ‘misleading’ refund policy
Competition & Consumer Protection 2022-07-15 1:43 pm By Christine Caulfield

Booktopia has resolved a case by the consumer regulator alleging the online book retailer’s policy that required customers to request a refund within two business days of purchase was misleading.

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Bank of Queensland hit with first-ever penalty for Consumer Data Right breaches
Privacy & Cybersecurity 2022-07-13 2:11 pm By Sam Matthews

Bank of Queensland is the first bank to be caught for alleged breaches under the new Consumer Data Right scheme, paying a $133,200 penalty.

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ACCC goes after Ultra Tune again, this time for contempt of court
Competition & Consumer Protection 2022-06-28 5:27 pm By Christine Caulfield

Ultra Tune is facing contempt of court proceedings for allegedly breaching a judge’s orders and failing to meet the requirements of a court-ordered compliance program, instituted after the company copped a $2 million fine for contravening its disclosure obligations to franchisees.

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Optus warns of ā€˜irreversible consequencesā€™ of Telstra, TPG network deal
Telecommunications 2022-06-28 10:06 pm By Sam Matthews

Optus has railed against the proposed network sharing agreement between Telstra and TPG, warning that it spells the return of a communications monopoly in regional Australia.

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Samsung hit with $14M penalty for misleading Galaxy waterproof claims
Competition & Consumer Protection 2022-06-23 1:53 pm By Cat Fredenburgh

Samsung Australia has been slapped with a $14 million penalty for running ads that misrepresented that its Galaxy smartphones could be used in pool and sea water.

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Apple, Google hit with class actions over app store commissions
Competition & Consumer Protection 2022-06-21 9:47 pm By Cat Fredenburgh

Apple and Google have been hit with class actions alleging they violated competition laws by charging customers inflated commission on certain apps and in-app purchases.

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ACCC flags competition concerns with Dye & Durham’s $2.9B bid for Link
Competition & Consumer Protection 2022-06-16 5:37 pm By Cat Fredenburgh

The ACCC has raised concerns that Canada-based Dye & Durham’s proposed $2.9 billion acquisition of technology services provider Link could harm competition in the market for digital conveyancing services.

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Money transfer biz directors slapped with first-ever sentences for cartel conduct
White Collar 2022-06-09 12:36 pm By Cindy Cameronne

The directors of two money transfer businesses accused of fixing foreign exchange rates are the first ever individuals to be sentenced in Australia to prison terms for criminal cartel conduct.

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ACCC may put brakes on Aurizon’s $2.3B bid for One Rail
Competition & Consumer Protection 2022-06-09 9:56 pm By Harry Thomas

The Australian Competition and Consumer Commission has raised preliminary concerns that Aurizon’s proposed $2.3 billion acquisition of rail haulage company One Rail could stymie competition in the NSW and Queensland markets for coal haulage services by rail.

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Meta wants details of tech capabilities kept under wraps in ACCC case
Cryptocurrency 2022-06-09 7:23 pm By Sam Matthews

Facebook owner Meta is fighting for broad non-publication orders in its battle with the ACCC over material it says could prejudice jury members in criminal proceedings by mining magnate Andrew Forrest.

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