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A judge has ordered Mobil Oil to pay an agreed penalty of $16 million for running ads in far north Queensland over a period of four years falsely claiming that it was supplying a specific brand of fuel with added benefits.
Facing claims it misled customers with its 'Down Down' pricing, Coles has urged the court not to second guess its judgment, but a judge overseeing the case has said competitive pressures do not excuse misleading promotions.
Coles changed its marketing policies after being concerned it could not compete with Woolworths, a court has heard on the first day of trial in the consumer regulator’s case over the supermarket's “utterly misleading” discounts.
Private hospital operator Ramsay Health has won swift ACCC approval for its $251 million acquisition of Canberra hospital National Capital Private Hospital from Healthscope, with the regulator completing its review in three weeks.
Retail energy supplier AGN has defended its series of 'Love Gas' ads against enforcement action by the consumer regulator, saying it had reasonable grounds for promising the product was "becoming renewable".
Fashion retailer City Beach is challenging a $14 million penalty secured by the ACCC in the consumer regulator's first enforcement action for breaches of button battery safety standards.
Construction PRO
Coles Group's proposed leasehold acquisition of a Kalgoorlie supermarket and liquor store site needs further review, the competition regulator said Thursday.
The merger regulator will put Coles Group's proposed purchase of a Kalgoorlie supermarket and liquor store site in the hot seat, saying the leasehold acquisition could limit competition and needs further scrutiny.
The competition regulator will take a deeper look at Ampol’s acquisition of EG Australia, with the deal the first to be referred for a phase two review under the new compulsory merger regime.
A judge has refused to bifurcate a dispute between Smart Trikes and Target over the supply and eventual recall of allegedly unsafe convertible strollers, finding any time and cost savings were likely to prove illusory.