ACCC

IVF provider Virtus Health would be “the author of its own fate” if its proposed acquisition of rival Adora Fertility flopped, a judge has said in hearing the ACCC’s bid for a temporary injunction blocking completion of the planned purchase.

The Australian Competition and Consumer Commission is seeking a $90 million penalty against Trivago for the “startlingly misleading” ranking system used on its travel price comparison website.

A challenge to the ACCC’s approval of the merger of major payment platforms BPAY, Eftpos and New Payments Platform Australia has been challenged by a Sydney-based fintech, which has accused NPPA of patent infringement.

ACCC chair Rod Sims has spoken out about the move by IVF provider Virtus to complete its planned acquisition of rival Adora before clearance from the watchdog, saying the situation showed the need for merger review reform.

The ACCC has won an interim injunction blocking IVF provider Virtus Health from completing its purchase of rival Adora Fertility on Friday.

The competition regulator has filed court action seeking an injunction to stop Virtus Health from completing the purchase of rival Adora Fertility on Friday while a merger review is still in progress.

A judge overseeing a cartel case over a $2.5 billion ANZ share placement has granted ANZ’s bid for unredacted documents which the bank says will support its claims that the case should be permanently stayed because of improper dealings between whistleblower JPMorgan, ASIC and the ACCC.

The Australian Competition and Consumer Commission has launched an investigation into logistics company Qube’s recent $90 million acquisition of the Newcastle Agri Terminal.

The Australian Competition and Consumer Commission says it should be given more power to regulate the $9.5 billion advertising technology sector, after a report revealed Google’s overwhelming dominance could lead to consumers paying more for advertised goods.

Prosecutors have told a court they are nearing deals with a number of individuals accused of criminal charges in its cartel case against Vina Money Transfer.