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ACCC takes Sumo Power to court for alleged pricing bait and switch
Competition & Consumer Protection 2020-08-05 1:21 pm By Cat Fredenburgh

The Australian Competition and Consumer Commission has initiated proceedings against Victorian electric utility Sumo Power for allegedly luring customers with the promise of discounts and low rates only to jack up their prices months later.

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Google, Facebook face fines of at least $10M for breaches of ACCC media bargaining code
Media 2020-07-31 12:55 pm By Christine Caulfield

Google and Facebook will face penalties of at least $10 million for breaches of a media bargaining code drafted by the ACCC that aims to create a “level playing field” between Australian media companies and the tech giants.

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‘Extraordinary circumstances’: ACCC blesses Rex’s ongoing coordination with Qantas, Virgin
COVID-19 2020-07-30 3:40 pm By Cat Fredenburgh

The Australian Competition and Consumer Commission has extended an authorisation allowing Regional Express to coordinate with Qantas and Virgin on certain regional routines during the coronavirus pandemic. The airlines won interim authorisation from the competition regulator in March to coordinate flight schedules and share revenue on what the ACCC called ten important regional routes. Under…

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ACCC loses appeal in TPG ‘prepayment’ case
Competition & Consumer Protection 2020-07-30 3:13 pm By Cat Fredenburgh

The Australian Competition and Consumer Commission has come up short in its challenge to a ruling that dismissed its case against TPG over contract terms that allowed the internet provider to keep customers’ unused prepaid funds on phone or internet plans.

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ASIC says ‘light touch’ approach to class action funders to end
Class Actions 2020-07-29 10:16 pm By Miklos Bolza

The Australian Securities and Investments Commission told the government’s class action inquiry that it was committed to making the existing class action regime work with upcoming regulations that will spell the end of its “light touch” approach to litigation funders.

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ACCC accuses Google of misleading Australians over expanded data collection
Competition & Consumer Protection 2020-07-27 10:01 am By Christine Caulfield

The ACCC has launched court proceedings against Google, accusing the search engine giant of duping millions of Australians into agreeing to expand the scope of personal information that could be collected and combined for use in targeted advertising.

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ACCC denies acting on JPMorgan advice when sending cartel case to CDPP
Competition & Consumer Protection 2020-07-24 10:10 pm By Miklos Bolza

A senior officer from the ACCC has rejected claims that the regulator took legal advice from immunity applicant JPMorgan before launching its high profile criminal cartel case against ANZ, Citigroup and Deutsche Bank.

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ACCC accused of ‘slapdash’ decision to charge Deutsche Bank exec in ANZ cartel case
Competition & Consumer Protection 2020-07-23 6:37 pm By Miklos Bolza

A former high-ranking Deutsche Bank executive charged with involvement in an alleged cartel agreement relating to a $2.5 billion ANZ share placement claims he was dragged into the case becaused of the “incredibly slapdash” methods of the ACCC.

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ACCC takes sporting goods company Decathlon to court
Competition & Consumer Protection 2020-07-23 1:38 pm By Cat Fredenburgh

The Australian Competition and Consumer Commission has instituted court proceedings against a unit of French sporting goods giant Decathlon alleging it flouted product safety standards over a three-year period.

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Online gig platform fined $600,000 for misleading reviews
Competition & Consumer Protection 2020-07-22 11:03 pm By Cat Fredenburgh

Online odd jobs platform Service Seeking has been fined $600,000 for falsely representing that reviews on its platform were written by customers when in fact they were written by the businesses themselves.

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