The ACCC has won its request for an injunction blocking rail freight operator Aurizon from shutting its intermodal business down while a competition lawsuit the regulator filed over Aurizon’s proposed sale of the business to Pacific National makes its way through the court.
TransUrban has agreed to release detailed traffic data for its toll roads in New South Wales in hopes of winning the ACCC’s blessing of its proposed acquisition of a majority stake in the $16.8 billion WestConnex highway project.
Eclipx group is looking at a possible shareholder class action following recent drops in its share price after it disclosed that its published profit growth forecasts need to be revised downwards.
Two ‘sham letters’ produced by a senior manager of national car repair franchise Ultra Tune led both the ACCC and the court ‘down the garden path,’ a Federal Court judge heard Thursday.
The timing of an email from a Herbert Smith Freehills solicitor alerting the Fair Work Commission to union contempt proceedings, which the firm argued early this year was grounds for halting the amalgamation of the CFMEU with two other unions, points to ‘a high level of collusion’ to block the merger, a judge said Tuesday.
A unit of Yazaki Corp is seeking High Court approval to file an appeal after the Full Federal Court handed down a record $46 million penalty against the car parts maker for colluding with a competitor on prices for wire harnesses supplied to Toyota.
The Fair Work Commission has said Qantas doesn’t need its approval to hire Herbert Smith Freehills to assist it in an appeal in an unfair dismissal proceeding.
TransUrban on Monday submitted its bid for a 51 percent stake in the $16.8 billion WestConnex project being sold by the NSW Government, despite the ACCC’s delay in signing off on the deal after expressing concerns it might hinder competition.
The Australian Competition and Consumer Commission has sued Aurizon and Pacific National, claiming a proposed $225 million deal over a major rail freight business in Queensland would have substantially lessened competition.
The Australian Competition & Consumer Commission has postponed its final decision around Sydney Transport Partners’ proposed acquisition of a 51% stake in the $16.8 billion WestConnex project from the NSW Government, citing “unusually complex competition issues”.