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Test – Racing Victoria planned agreement to ‘seriously breach’ competition laws, court hears
Ashurst 2024-02-22 6:33 pm By WP Creative

Racing NSW has accused its Victorian counterpart of planning an anti-competitive agreement with five other states to exclude it from the thoroughbred racing industry, as it seeks documents to bring potential claims.

ACCC delays decision on Coles acquisition of Saputo plants
ACCC 2023-09-12 11:35 pm By Cat Fredenburgh

The ACCC has delayed its decision on whether to greenlight Coles’ plans to acquire milk processing plants from Saputo, after expressing competition concerns about the $105 million deal.

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Hungry Jack’s to take bite out of franchisee’s profits with ‘competing’ restaurants: suit
Competition & Consumer Protection 2023-09-12 11:28 pm By Christine Caulfield

Hungry Jack’s faces calls for a court injunction preventing the burger chain from proceeding with plans to open restaurants in close proximity to a franchisee’s sites on NSW’s Central Coast.

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ANZ, Suncorp gear up for fight with ACCC over $4.9B merger
ACCC 2023-09-12 11:25 pm By Sam Matthews

A battle with the competition regulator over the proposed ANZ, Suncorp tie-up has begun, with the first clash involving a group of rival lenders that want their submissions to the ACCC kept under lock and key.

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ASIC alleges AustralianSuper caused $69M in member losses
ASIC 2023-09-08 11:00 pm By Cat Fredenburgh

The corporate regulator has taken the country’s largest superannuation fund, AustralianSuper, to court for allegedly causing $69 million in losses to customers by failing to merge multiple superannuation accounts.

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WA home builder to face class action over construction delays
Class Actions 2023-09-07 11:00 pm By Cat Fredenburgh

Perth-based homebuilder BGC Housing Group will face a class action on behalf of thousands of home owners who allege they have been harmed by lengthy construction delays.

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Swift Networks cops $1.2M penalty for rigging bids
ACCC 2023-09-07 10:57 pm By Cat Fredenburgh

Telco Swift Networks has been hit with a $1.2 million penalty for bid rigging and price fixing in the tender process for supplying IT and communications equipment for three Rio Tinto and Fortescue Metals mining projects in WA’s Pilbara region.

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ACCC takes action over eHarmony’s ‘subscription trap’
ACCC 2023-09-07 3:08 pm By Cindy Cameronne

The Australian Competition and Consumer Commission has taken eHarmony Inc to court, alleging the dating site misled users about its advertised ‘free dating’ membership and that its automatic renewal was a “subscription trap”. 

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ACCC calls for $10M penalty against Honda for misleading customers
ACCC 2023-09-05 11:37 pm By Sam Matthews

The consumer regulator has asked a judge to impose penalties of almost $10 million  against Honda Australia for misleading the customers of two former authorised dealerships, a penalty up to 10 times what the car maker says it should pay.

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ASIC has ‘limited success’ in case against funeral insurer, wins $1.2M penalty
ASIC 2023-09-05 11:13 pm By Christine Caulfield

A judge has order ACBF Funeral Plans to pay $1.2 million for misleading its First Nations customers, a penalty less than one-fifth the fine sought by ASIC.

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