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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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Virtus ‘author of its own fate’ if Adora acquisition fails, judge says
Competition & Consumer Protection 2021-10-19 9:30 pm By Cindy Cameronne

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.

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ACCC seeks $90M penalty for Trivago’s ‘startlingly misleading’ hotel deals
Competition & Consumer Protection 2021-10-18 4:38 pm By Bianca Hrovat

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.

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ACCC’s approval of BPAY, Eftpos, New Payments Platform merger faces challenge
Competition & Consumer Protection 2021-10-15 9:16 pm By Miklos Bolza

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.

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Companies ‘contemptuous’ of merger review rules, ACCC chair says
Competition & Consumer Protection 2021-10-15 2:28 pm By Cindy Cameronne

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.

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