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Chemist Warehouse, Sigma win ACCC approval for $8.8B merger
Competition & Consumer Protection 2024-11-07 4:41 pm By Julia Kanapathippillai

The competition regulator has given its blessing to the $8.8 billion merger of Chemist Warehouse and Sigma Healthcare, subject to a promise that franchisees will be free to terminate their contracts.

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Blackstone’s bid to acquire I’rom raises competition concerns over clinical trials
Healthcare 2024-11-07 11:32 pm By Julia Kanapathippillai

The ACCC has red flags about the acquisition of Japanese healthcare business I’rom Group by private equity behemoth Blackstone.

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Optus pressured customers to buy phones they couldn’t afford, ACCC says
Competition & Consumer Protection 2024-10-31 11:37 pm By Andy Sidler

The consumer regulator has launched court action against Optus, alleging sales staff put undue pressure on customers to buy phones they couldn’t afford.

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Brookfield wins conditional approval for $10B Neoen play
ACCC 2024-10-31 11:59 pm By Andy Sidler

The ACCC will clear asset manager Brookfield’s $10 billion acquisition of French renewables giant Neoen on the condition that it shed Neoen’s Victorian assets and projects.

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Accolade, Pernod Ricard tie-up goes down smoothly with ACCC
Competition & Consumer Protection 2024-10-25 12:53 pm By Cindy Cameronne

The ACCC has cleared Accolade’s proposed acquisition of Jacob’s Creek owner Pernod Ricard, finding it is not likely to substantially lessen competition in the supply of wine.

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ACCC raises concerns about Qube’s plan to buy Melbourne terminal operator
Corporate 2024-10-24 12:41 pm By Cindy Cameronne

Qube’s proposed acquisition of the Melbourne International Roro & Auto Terminal could prevent rivals from competing effectively, the ACCC has said.

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Coles, Woolworths say ACCC’s dodgy discounts case ‘just misconceived’
Competition & Consumer Protection 2024-10-23 11:29 am By Cindy Cameronne

Coles and Woolworths have hit back at the ACCC’s claims they advertised “illusory” discounts, pointing the finger at inflation and higher supply costs.

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Mastercard can’t appeal ACCC’s ‘novel’ use of judicial notice rule
Competition & Consumer Protection 2024-10-17 11:31 pm By Andy Sidler

The court has rejected Mastercard’s bid to appeal an evidentiary win for the ACCC in the regulator’s misuse of market power case against the payments giant.

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The Good Guys hits back at ACCC case over store credit claims
Competition & Consumer Protection 2024-10-14 11:54 am By Andy Sidler

The Good Guys has admitted 21,000 customers were not provided with store credit within the timeframe specified in promotions, but denies the most customers never received the promised credit.

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Merger regime overhaul to make process more challenging, lawyers say
Corporate 2024-10-10 12:16 pm By Christine Caulfield

The federal government’s bill to overhaul the merger review regime has been welcomed by the regulator, but competition lawyers have warned the clearance process under the reforms will prove more challenging. 

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