The ACCC has found Coles and Woolworths operate as an oligopoly with “little incentive” to compete but has stopped short of recommending a break-up or similar strong measures, saying there is no “silver bullet”.
The NSW Environmental Protection Agency and the owner of a disused copper smelter in Port Kembla, NSW have agreed to an $18 million enforceable undertaking to address copper contamination in the area, which could affect close to 400 homes.
The CDPP has dropped charges against former G8 Education director Jennifer Hutson related to the ASX-listed childcare company’s 2015 takeover bid for Affinity Education Group.
The ACCC has issued guidelines on a new merger review framework that will commence in a few months, outlining when so-called ‘serial’ and ‘killer’ acquisitions may come under fire. Draft merger assessment guidelines released Thursday detail the analytical framework the Australian Competition and Consumer Commission will bring to bear when deciding whether to green light…
Macquarie’s fight with a NSW credit union — which saw the bank’s ‘Macbank’ trade mark cancelled because, a delegate found, it had only been used colloquially — has landed in the Federal Court.
The Australian Competition and Consumer Commission has cleared Vocus’ proposal to acquire parts of TPG Telecom’s business for $5.25 billion, finding the combined entity would face strong competition from other telecoms.
The Australian Information Commissioner has found 16 government agencies have approved the use of messaging apps like Signal, Telegram and WhatsApp for government business.
On questioning by a judge, Star’s former top lawyer has denied making a mistake by failing to tell the board about issues with junket Suncity in May 2018, but said her view was different now with hindsight.
The trustee for Active Super has been ordered to pay a $10.5 million penalty for misleading members about its investments in gambling, oil tar sands and Russian companies.
During trial on Monday, ASIC also accused Star’s former top lawyer of giving false evidence about alleged cash for chip transactions in junket operator Suncity’s VIP room.