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ACCC drops long-running consumer case against NIB
Competition & Consumer Protection 2021-05-12 12:11 pm By Cat Fredenburgh

The Australian Competition and Consumer Commission has dropped a consumer case accusing NIB Health Funds of failing to alert customers to coverage changes in their policies, less than a month before trial was set to kick off in the long-running case.

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Woolworths offers undertaking to ease ACCC’s concerns over $552M PFD tie-up
Competition & Consumer Protection 2021-05-11 5:46 pm By Miklos Bolza

The ACCC is seeking views on a proposed undertaking by Woolworths aimed at allaying the regulator’s concerns about its planned $552 million acquisition of a 65 per cent stake in wholesale food distributor PFD Food Services.

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ACCC to argue Epic’s dispute with Apple should be heard in Australia
Competition & Consumer Protection 2021-05-10 10:31 am By Cat Fredenburgh

The Australian Competition and Consumer Commission is seeking leave to intervene in Epic Games’ appeal of a ruling that sent its misuse of market power lawsuit against Apple to California so that it can argue the case should be heard in Australia.

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‘Severe harm to competition’: ACCC to refuse flight pact between Qantas, Japan Airlines
COVID-19 2021-05-06 1:58 pm By Cindy Cameronne

The Australian Competition and Consumer Commission has proposed to deny authorisation for Qantas to coordinate with Japan Airlines on flights between Australia and Japan despite the regulator’s increased flexibility on the travel sector during COVID-19.

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BlueScope questions ‘roving inquiry’ by ACCC in cartel case
Competition & Consumer Protection 2021-05-06 10:11 am By Cindy Cameronne

BlueScope Steel has raised concerns over the ACCC’s subpoenas to produce documents in its civil penalty proceedings against the steel company, saying it may significantly broaden the regulator’s claims about which businesses are its competitors.

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TasPorts agrees it misused market power, but won’t pay penalty in ACCC case
Competition & Consumer Protection 2021-05-05 1:39 pm By Christine Caulfield

The ACCC has secured a misuse of market power declaration against Tasmanian government-owned TasPorts in the regulator’s first action under amended competition laws, but the ports company will not pay a penalty as part of an agreement to resolve the case.

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Judge orders $75,000 penalty in ACCC’s case against Jayco
Competition & Consumer Protection 2021-05-03 6:43 pm By Cindy Cameronne

A judge has hit caravan manufacturer Jayco with a $75,000 penalty in proceedings launched by the ACCC, finding the company made a false or misleading representation to a customer about their consumer guarantee rights.

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Megasave hit with $1.9M penalty for misleading prospective franchisees
Competition & Consumer Protection 2021-04-29 3:37 pm By Christine Caulfield

A judge has imposed a $1.9 million penalty against Megasave Couriers after the delivery company was found to have misled franchisees with false promises of guaranteed minimum weekly payments and annual income.

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ACCC threatens regulation to rein in tech giants’ app store dominance
Competition & Consumer Protection 2021-04-28 1:22 pm By Cat Fredenburgh

The Australian Competition and Consumer Commission has called on Apple and Google to seize a “window of opportunity” to address the regulator’s concerns about their significant power in the app marketplace or face possible regulation.

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ACCC to fight production of JPMorgan witness statements in ANZ cartel case
Competition & Consumer Protection 2021-04-22 5:02 pm By Cat Fredenburgh

The judge who vowed last year to move a criminal cartel case over a $2.5 billion ANZ share placement to trial “before we all retire” will soon weigh the ACCC’s claim for privilege over statements from JPMorgan witnesses it has been accused of pressuring during its investigation, two months after a different judge heard a still unresolved privilege fight in the long-running case.

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