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Criminal cartel case dropped against ANZ, group treasurer over $2.5B share placement
Competition & Consumer Protection 2021-10-29 9:27 pm By Christine Caulfield

In a major blow to the competition regulator’s high-profile price-fixing case over ANZ’s $2.5 billion capital raising, prosecutors have dropped all charges against the bank and its group treasurer, Rick Moscati.

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ACCC looks to rein in Google’s search dominance with choice screen
Competition & Consumer Protection 2021-10-28 3:36 pm By Bianca Hrovat

The Australian Competition and Consumer Commission is calling for the power to mandate ‘choice screens’ in mobile devices to provide Australian consumers with a wider variety of online search engine options, as part of the regulator’s ongoing efforts to mitigate Google’s search dominance.

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ACCC raises competition concerns over tie-up of container equipment suppliers
Competition & Consumer Protection 2021-10-28 4:37 pm By Bianca Hrovat

The Australian Competition and Consumer Commission has flagged preliminary competition concerns about a proposed merger of two of the largest suppliers of mobile container handling equipment, saying the tie-up could leave customers without a proven alternative supplier at shipping terminals.

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BlueScope general manager ‘not an honest witness’, ACCC tells court
Trials 2021-10-26 9:03 pm By Cindy Cameronne

BlueScope Steel general manager Jason Ellis was not an honest witness and did not express genuine regret when he apologised for obstructing an ACCC investigation, a court hearing the regulator’s price-fixing case was told Tuesday.

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ACCC wins first ever individual guilty plea in criminal cartel case
Competition & Consumer Protection 2021-10-26 6:36 pm By Bianca Hrovat

The former export manager of pharmaceutical ingredient company Alkaloids of Australia has pleaded guilty to three counts of price-fixing, the first ever guilty plea by an individual to criminal cartel conduct.

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Cartel claims filed against roof tilers over Sydney University construction
Competition & Consumer Protection 2021-10-25 1:45 pm By Cindy Cameronne

The Australian Competition and Consumer Commission has launched civil penalty proceedings against two Sydney roof tiling businesses and their sole directors, claiming they engaged in bid rigging for construction at the University of Sydney.

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Injunction extended in ACCC’s challenge to Virtus’ acquisition of Adora
Corporate 2021-10-25 3:13 pm By Cindy Cameronne

The Australian Competition and Consumer Commission has won an injunction to stop Virtus from completing the purchase of rival Adora Fertility until a court has ruled on the competition regulator’s challenge to the acquisition. 

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Country Care alleges law firm’s negligent advice led to cartel charges
Professional Negligence 2021-10-22 1:56 pm By Cindy Cameronne

Mobility equipment provider Country Care has taken a law firm to court claiming it gave negligent advice and was responsible for an ACCC price-fixing investigation and subsequent criminal cartel charges.

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Agrison to pay $284,000 for misleading warranty representations
Competition & Consumer Protection 2021-10-22 6:40 pm By Miklos Bolza

Agricultural equipment supplier Agrison has been ordered to pay a $220,000 pecuniary penalty after admitting to misleading its customers about the terms of its tractor warranties.

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Crane maker NQCranes loses bid to strike out ACCC’s cartel case
Competition & Consumer Protection 2021-10-20 12:20 pm By Cindy Cameronne

Queensland crane company NQCranes has lost its bid to strike out the bulk of the ACCC’s amended case alleging it engaged in a conspiracy with a multinational rival to divide the Brisbane and Newcastle markets.

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