Regulators

Coles Group's proposed acquisition of a leasehold interest in a Kalgoorlie supermarket and liquor store site would substantially lessen competition in the retail supply of groceries in the region, the competition cop says.

The competition regulator has opposed Coles Group's proposed acquisition of a leasehold interest in a Kalgoorlie supermarket and liquor store site, finding it would substantially lessen competition in the retail supply of groceries in the region.

A judge has found that ASIC's case against WA gold mining company Wiluna over alleged omissions in a 2022 ASX announcement should await the determination of related cases against two executives, citing the risk of inconsistent findings. 

In a new report, ASIC warns Australia risks losing ground to overseas competitors unless it provides more clarity on technologies like tokenised assets and AI, which the regulator said could shake up longstanding assumptions about intent and misconduct.

The ACCC has opened a phase 2 review of calibration and asset management services provider Trescal's proposed acquisition of TechRentals Calibration & Sales after identifying potential risks to competition. 

Online retail giant Amazon has been ordered to reinstate an employee after the Fair Work Commission found remarks he made leading to his dismissal were “smart-arse” but did not constitute harassment or discrimination.

The corporate cop will not take enforcement action against consumer lender Humm Group or its subsidiaries, following investigations into the companies' reporting processes and contract terms.

ASIC has won its case alleging Regional Express failed to correct an optimistic forecast before it entered administration last year, but failed to prove the company's optimism conveyed a "likelihood" or that three non-executive directors had actual knowledge of the collapsed budget airline's declining business. 

The consumer regulator has brought proceedings against Amazon, alleging it relied on unfair contract terms in its Prime Video subscription contracts to introduce advertising to its streaming service.

The Queensland government's application to register a trade mark for QBuild will go ahead after an unsuccessful objection by a Melbourne construction company of the same name.